An AI agent works your fund's quarter-end checklist on the general ledger: it gathers the evidence, prepares accruals and carry, explains every material variance, and tells you what's blocked. Nothing posts or completes until someone at your firm approves it.
It reads the same ledger your statements, LP portal and auditor read, so its evidence is the books, not a copy of them.
Marks, accruals, payables, intercompany, manual entries, trial balance and variances, each in dependency order, with the evidence for each item gathered from the ledger.
Recurring period-end accruals and the quarterly carry accrual are prepared as proposed entries, with the amounts and accounts in front of the approver.
For each account that moved past your materiality, it writes what happened and cites the journal entries that caused it. Your auditor gets the same review on their request list.
An unapproved mark, a draft journal entry, a failing tie-out: blocked items come back with who needs to do what, and the assignee hears about it.
The agent does the legwork. Your controllers keep the sign-off, and every approval leaves a record.
The agent can't write to the ledger or complete a checklist item. Everything it prepares waits for an org admin at your firm to approve it.
When you approve, the evidence and dependencies are checked again against the live books. If something moved, the approval stops and says why.
Approved ledger fixes are posted, then the tie-outs re-run. An entry that breaks a passing check is reversed on the spot.
Carry isn't prepared when the carry engine's NAV disagrees with the general ledger. It flags the inputs to fix instead.
Who approved what, when, and on what evidence, stays on the checklist item, the journal entry and the audit log.
Bank reconciliation, subsequent events and the auditor's sign-off stay with your team. The agent hands over what it found.
Your team soft-closes the quarter. The close checklist is created, and the agent can start.
Evidence for every item, proposed entries and sign-offs, a variance review, and a list of what's blocked and who needs to act.
Review everything in one queue, approve in bulk in the right order, finish the items only people can, then lock the period.
We'll walk through a close on a fund like yours: the evidence, the proposed entries, the variance review and the approval queue.