Accounting & Fund Administration

The current lack of and need for a quality, high-end administration solution, coupled with the opportunity to translate a management expense into a fund expense (there are significant rework costs due to service issues with their administrator) make this service a value added solution.

Logic will identify an efficient and effective administrative solution, one that offers a smart mix of cost and capabilities as well as reliable deployment in a demanding environment.

Logic identifies objectives, investigates options and manages the transition with minimal interruption to day to day activities of the organization.

  • Maintain official books and records
  • Prepare multi-currency GAAP accounting records in general ledger
  • Maintain position lots for tax preparation
  • Monitor corporate actions on holdings
  • Calculate and accrue fund expenses
  • Calculate investment gains and losses for book and tax purposes
  • Determine fund's net income
  • Calculate Net Asset Value
  • Prepare periodic financial statements conforming with GAAP standards
  • Book purchases/redemptions/transfers as directed by transfer agent
  • Provide Investor services
  • Prepare investor statements on investment returns
  • Functional Business Review
Accounting and Fund Administration