Real Estate Fund NAV and Capital Activity Validation Suite

The Real Estate Fund NAV and Capital Activity Validation Suite gives fund controllers and finance reviewers an Excel workflow for comparing general ledger balances with an administrator NAV package and explaining investor capital movements.

Workbook Structure

The workbook brings the comparison, capital schedules, and business controls into seven clearly named worksheets, with editable inputs separated from protected calculations.

The delivered illustration covers:

• One USD fund
• One monthly period
• 50 property entities
• Three investors

It includes:

• 450 asset, liability, and equity records
• 300 administrator component lines
• 300 settled capital notices
• 150 performance records
• Three investor commitment records

This completes the balance and capital record count of 1,053.

The example produces:

• An $84 million NAV
• Zero GL-to-administrator difference
• Zero fund capital rollforward variance
  
  

Key FeaturesNAV Reconciliation

Compares:

• Property values
• Separately recognised rent receivable
• Cash
• Debt
• Fee accruals

against independent administrator inputs.

Capital Activity Rollforward

Explains:

• Opening capital
• Contributions
• Distributions
• Noncash equalisation
• Earnings allocations

It also tracks:

• Cumulative gross paid-in capital
• Recallable distributions
• Available commitment
• Drawn capital percentages
  
  

Executive Summary

Combines formula-driven totals with a native Excel comparison chart.

Controls

Twelve controls address:

• Package footing
• Balance-sheet integrity
• Fund and investor rollforwards
• Property movements
• Fees
• Commitments
• Allocation shares
• Equalisation
• Required input quality

Input validation detail helps identify:

• Missing amounts
• Duplicate identifiers
• Unknown investors
• Unsupported notice status

Results remain traceable through ordinary worksheet calculations, so a reviewer can investigate a difference before approving the period close.

Download Contents

The download contains:

• The Excel model
• A six-page operating manual
• A three-page quick-start guide
• A two-page cutover and sign-off template
• A CSV containing the 300 example capital notices
  
  

Guidance

The guides explain:

• Source preparation
• Sign conventions
• Responsibilities
• Exception handling
• Capacity changes
• Acceptance procedures

Native worksheet images show the delivered example rather than a simulated interface.

Data Nature

All included figures are synthetic examples, not actual client records or investment results.

Model Specifications

The current model uses:

• Three investors
• Fixed earnings shares
• Defined input capacities

Changes require controlled extension and revalidation.

It does not calculate:

• Valuations
• Fee entitlements
• Carried interest
• Waterfalls
• Foreign exchange
• Tax
• Accounting-standard compliance
  
  

Requirements

• Administrator figures must be entered independently
• Reconciliation success is not an audit opinion
• Desktop Microsoft Excel is required for the supplied operating workflow.