← Glossary
Reconciliation
The process of proving that two independently maintained records of the same fund activity — such as a GL and an LP allocation — describe the same underlying reality.
Orivade keeps this on the investor's record — linked to the email or document it came from, so the current status is one search away the moment an LP asks.
See also
- General Ledger (GL)The fund-level accounting record of capital calls, distributions, fees, and expenses that the fund's financial statements are built from.
- Shadow AccountingAn independent, parallel calculation an LP or GP maintains to verify that another party's numbers still describe the same economic reality.
- Capital Account StatementAn investor's periodic record of contributions, distributions, fees, and current value in the fund.