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nav-tieout

Reconcile LP capital account statements against NAV packs with 0.01 tolerance.

31|4|Updated Jun 13, 2026
Search Tags:#fund administration#nav tie-out#capital account#fund accounting#nav reconciliation#lp statement
One-click install
npx skills add https://github.com/r9412460971-cloud/OPC-skill --skill nav-tieout-r9412460971-cloud
Or copy as Structured Prompt for Agent▼
Please help me install this Agent Skill.
Skill: nav-tieout
Source: https://github.com/r9412460971-cloud/OPC-skill/tree/main/skills/nav-tieout
Command: npx skills add https://github.com/r9412460971-cloud/OPC-skill --skill nav-tieout-r9412460971-cloud

SYSTEM DOCUMENTATION & REQUIREMENTS

What problem does it solve?

Manually reconciling limited partner (LP) capital account statements with fund net asset value (NAV) packs is tedious, error-prone, and risks distributing inaccurate financial information to LPs if discrepancies go undetected.

Core Features & Use Cases

  • Independent Capital Account Recalculation: Recomputes LP ending capital from raw NAV pack inputs (commitments, distributions, P&L allocations, fees, carried interest) to eliminate reliance on pre-calculated statement figures.
  • Line-by-Line Discrepancy Detection: Compares every line of a generated LP statement against the recomputed value with a 0.01 tolerance, and flags mismatches with clear root cause attribution (e.g., ownership percentage errors).
  • Cross-Validation Checks: Verifies ending capital aligns with the next period's draft beginning capital, confirms the sum of all LP ending capitals matches total fund NAV, and validates commitment figures against the official commitment register.
  • Use Case: Fund administrators can use this skill to validate quarterly LP statements before distribution, ensuring all figures are consistent with the official NAV pack and reducing the risk of LP disputes over incorrect capital account balances.

Quick Start

Use the nav-tieout skill to reconcile the Q3 2024 LP statement for Sequoia Capital against the fund's Q3 NAV pack and list all line-item discrepancies with their root causes.

Frequently Asked Questions about nav-tieout

High-intent search queries and answers about installing and using this skill.

FAQPage Schema
How do I reconcile LP capital account statements against fund NAV packs?▼

NAV tie-out compares LP capital account statements against fund NAV packs to identify line-item discrepancies. It recomputes LP ending capital from raw inputs and flags mismatches with a 0.01 tolerance.

What is independent capital account recalculation in fund administration?▼

Independent capital account recalculation recomputes LP ending capital directly from raw NAV pack inputs like P&L allocations and fees. This eliminates reliance on pre-calculated statement figures to validate source-of-truth data.

How do I detect line-by-line discrepancies in quarterly LP statements?▼

Detect line-by-line discrepancies in quarterly LP statements by comparing every generated line against recomputed values with a 0.01 tolerance. Mismatches are flagged with clear root cause attribution like ownership percentage errors.

Can I validate LP commitment figures against the official commitment register during NAV reconciliation?▼

You can validate LP commitment figures against the official commitment register during NAV reconciliation. The process performs cross-validation checks to confirm commitment accuracy and ensure sum of LP capitals matches total fund NAV.

What tolerance threshold is applied when matching LP statement figures to fund NAV data?▼

A 0.01 tolerance threshold is applied when matching LP statement figures to fund NAV data. This threshold catches line-item discrepancies while allowing for minor rounding differences during the capital account verification process.

Why should fund administrators verify ending capital against the next period's draft beginning capital?▼

Fund administrators verify ending capital against the next period's draft beginning capital to ensure cross-period continuity. This cross-validation check confirms alignment and prevents distributing inaccurate financial information to LPs.

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