Fund and Accounting Administration

Every month Colva handles the accounting work for over $60 million dollars worth of assets. This includes categorizing all bank transactions so that they can be properly pulled into the Balance Sheet and Profit and Loss statements.

View-only third party access privileges allow us to see client transactions directly from the client’s bank account statements without the need (or ability) to get full access to their accounts. By utilizing these view-only access privileges, we’re able to download client transactions directly from client bank accounts into accounting software with no involvement from the client itself. This helps accomplish the monthly reporting and bookkeeping with minimal direct contact from the client.

Colva has both a chartered accountant (CA) and an enrolled agent (EA) on staff to help with both the monthly accounting as well as to engage directly with client’s fund administrators, accountants, and auditors.