04 · Fund Accounting & Financial Reporting
K-1 preparation
Atlas-orchestratedfrom $1,500/moExpert ~2–5 hrs/mo
Bottom line
Assemble K-1 inputs and review drafts with the tax partner so LPs receive accurate K-1s on time.
Atlas owns workflow, drafts, and QC calendar. Licensed partners handle regulated acts; Atlas stewards the process.
Invoice / proposal description
- ·K-1 input pack from capital accounts and allocations.
- ·Draft K-1 review checklist with tax partner.
- ·Exception resolution log.
By hand today
K-1 errors discovered by LPs' accountants.
On Atlas
Inputs + review workflow; CPA prepares; Atlas distributes (if fr-k1dist).
Deliverables
- Input pack
- Review checklist
- Exception log
Service levels
- Draft review turnaround ≤5 business days per tax partner batch.
Exclusions
- — Signing K-1s as tax preparer
Platform surfaces
document workspacecapital accounts
LP NPS + seasonal revenue.