10 · Firm Operations & Finance
Fund vs. mgmt-co expense allocation
Platform-ledfrom $850/moExpert ~0.5–2 hrs/mo
Bottom line
Apply LPA-consistent expense allocation so fund and mgmt-co books stay defensible.
Mostly software once live; typical expert babysitting under ~2 hours/month.
Invoice / proposal description
- ·Allocation policy checklist.
- ·Monthly allocation journal.
- ·Exception log.
By hand today
Everything hits whatever entity paid the card.
On Atlas
Allocation rules in close; light expert QC.
Deliverables
- Allocation journals
- Exception log
Service levels
- Allocation with each monthly close.
Exclusions
- — LPA amendment for allocation rules
Platform surfaces
Fund DashboardImport & Analyze
Audit/LP defensibility.