Blog
Notes from the close.
Operator guides on fund expense allocation, legal invoice splits, and audit-ready processes. Written from real controller workflows, not vendor talking points.
Allvue vs Carta for Fund Accounting and Administration (2026)
Allvue and Carta get compared on star ratings as though a fund picks one the way it picks a CRM. They are two different transactions, and the distinction decides price, implementation and who you call when a number is wrong.
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How Does Ceviche Onboarding Work?
The four stages, step by step, with what we need from you, what can slow it down, and what Ceviche does not do.
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Fund Management Software vs Fund Accounting Software: What's the Difference?
The two categories solve different halves of a fund's operation. Most firms buy one of each and find the manual work waiting in the seam between them.
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The Fund Month-End Close Checklist: What to Automate First
Every close checklist online is written for a company with revenue and inventory. This one is written for a fund, and it says what to automate first.
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Capital Accounts and Capital Calls in Private Funds, Explained
Every page explaining capital calls stops at "the LP wires the money." This one continues into the debits and credits and the capital account roll-forward.
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Fund Management Software for Lean Finance Teams
Most fund software is sold to teams with an implementation budget and someone to own the system. Here is what to buy when you have neither.
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Does the AngelList Stack Handle Expense Allocation?
AngelList documents its scope clearly. The confusion comes from the word "allocation," which means three different things inside the same platform.
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The VC Finance Stack: What Tools VC CFOs Actually Run
What the finance team at a venture firm actually runs, layer by layer, based on interviews with 80 fund finance teams in 2026.
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When Should a PE Firm Bring Fund Administration In-House?
Every page ranking for this question is published by a fund administrator. Here is the in-house case, the cost crossover, and the signals that say move.
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Fund Administration vs Fund Accounting: What's the Difference?
Fund accounting is a function; fund administration is the service you buy to perform it. The difference matters most for the work that stays on your desk either way.
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The Private Fund Adviser Rule and Expense Allocation
The SEC's Private Fund Adviser Rule was vacated in June 2024, but the fee and expense scrutiny behind it did not go away. What it means for allocation.
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Functional Expense Allocation and Why Funds Get It Wrong
Functional expense allocation splits shared costs by purpose. Here is the clean nonprofit definition, plus the same idea translated for a private fund.
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Private Equity Fund Accounting 101
Private equity fund accounting tracks how LP capital is raised, deployed, and returned across many entities. Here is how it works and where the manual time goes
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Fund Administration in Private Equity
Fund Administration in Private Equity. Ceviche.
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Due To and Due From in Fund Accounting
What due to and due from accounts are in fund accounting, the journal entries for a shared invoice across funds, and how to keep the pairs netting to zero.
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Intercompany Accounting for Funds
What intercompany accounting is, the journal entries, how to eliminate in consolidation, and why fund structures make it harder. Built on data from 80 fund team
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Cost Allocation Methods Explained
The cost allocation methods are direct, step-down, reciprocal, and ABC. Here is how each works, plus the five methods private funds actually run across entities
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Multi-Entity Accounting: The Complete Primer
Multi-entity accounting keeps separate books per legal entity and consolidates them. Here is how it works, why it breaks, and what funds get wrong.
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Multi-Entity Accounting Software for Fund Managers
Multi-entity accounting software keeps separate books per entity and consolidates them. Here is what funds actually need, what the top tools miss, and how to ch
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Fund Accounting in QuickBooks and Where It Breaks for Funds
"QuickBooks runs nearly half of fund manco ledgers, but the Class workaround breaks at multi-entity allocation, fund balance sheets, and the audit trail. Here i
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Fund Accounting Software: How to Choose?
A vendor-neutral guide to choosing fund accounting software for a private fund, backed by data from 80 PE and VC finance teams. The real choice is spreadsheet v
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What Is Fund Accounting?
Fund accounting tracks money by self-balancing funds, with accountability over profit. Here is what it means for nonprofits, governments, and private funds.
Read the guide →How to allocate legal invoices across fund entities?
A controller's step-by-step workflow for splitting a multi-line legal invoice across funds, the GP, and the management company, with a worked example and the journal entries.
Read the guide →What are the real alternatives to EAS Expense Allocation System?
The real alternatives to IntegriDATA's EAS, compared from the controller's seat: what each option actually fits, what an enterprise rollout costs, and the questions to ask before you switch.
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