china-gl-recon

china-gl-recon

Purpose

Perform 基金总账核对 — comprehensive general ledger reconciliation for fund accounting.

Data Sources

Primary: AkShare MCP

get_financials(ticker, "balance")    → Portfolio company BS
get_fund_data(fund_code)              → Fund holdings and NAV
get_quote(ticker)                     → Security prices

Secondary Sources

• 基金公司 — fund accounting system
• 托管行 — custody records
• Wind / Choice — market data

Workflow

Step 1: Identify GL Accounts

Fund accounting COA:

Category	Accounts	Purpose
资产 (Assets)	Securities, cash, receivables	Investments
负债 (Liabilities)	Payables, accruals	Amounts owed
所有者权益	NAV	Fund value
收入 (Revenue)	Dividends, interest, gains	Investment income
费用 (Expenses)	Management fee, custodian fee	Fund costs
已实现损益	Realized gains/losses	Trading P&L
未实现损益	Unrealized appreciation	Mark-to-market

Step 2: Securities Reconciliation

Securities holdings recon:

Security	Ticker	Fund Records	Custodian	Difference	Status
Total

Reconciliation items:

• 在途交易 (Trades in transit)
• 配股/增发 (Rights issues)
• 分红到账 (Dividend settlements)
• 利息到账 (Interest settlements)

Step 3: Cash Reconciliation

Cash recon:

Account	GL Balance	Bank Statement	Custodian	Difference
清算备付金
结算备付金
银行存款
Total

Step 4: Income Reconciliation

Income reconciliation:

Type	Fund Records	Custodian	Source Docs	Difference
现金股息
股票股息
债券利息
回购利息
基金分红
已实现利得
Total

Step 5: Expense Reconciliation

Expense reconciliation:

Expense	Fund Records	Custodian	Invoice/Contract	Difference
管理费
托管费
交易佣金
审计费
信息披露费
律师费
Total

Step 6: Accrual Reconciliation

Accrual reconciliation:

Accrual Type	Calculation	Custodian	Difference
应收股息
应收利息
应付管理费
应付托管费
应付交易费用

Step 7: NAV Reconciliation

NAV reconciliation:

Component	Fund Books	Custodian	Difference
Securities
Cash
Receivables
Payables
Accruals
NAV

NAV per unit check:

	Fund	Custodian	Difference
NAV (¥)
Shares outstanding

Step 8: P&L Reconciliation

P&L reconciliation:

P&L Item	Fund Books	Verified	Notes
收入合计
费用合计
已实现损益
未实现损益
利润合计

Step 9: Trade Reconciliation

Trade recon:

Trade Date	Security	Type	Quantity	Price	Fund	Custodian	Match?

Step 10: Exception Report

Exception log:

#	Exception	Type	Amount	Resolution	Status

China-Specific Considerations

Fund Accounting Standards

Standard	Applies
基金会计核算	All funds
企业会计准则	Private funds
证券投资基金信息披露	Disclosure requirements

Common Issues

Issue	Cause	Resolution
交易时滞	T+1 settlement	Track trades in transit
分红时滞	Ex-date vs pay-date	Accrue correctly
费用计提	Timing differences	Standardize cut-off
估值差异	Different pricing sources	Agree on source

Quality Checks

Before completing:

• Securities reconciled
• Cash reconciled
• Income reconciled
• Expenses reconciled
• Accruals reconciled
• NAV tied out
• P&L reconciled
• Exceptions resolved
• Sign-offs obtained