What’s new?

We’ve improved our management fees to ensure you receive accurate offset calculations and experience a smooth approval process, every quarter.

What’s important about this change?

When approving management fees, you can now remain confident offsets are accurately accounted for with improvements to our offsets calculator. This means offsets will be properly allocated to partners in accordance with your LPA.

Plus, spend less time reviewing management fees and approve now, but transfer later with our new scheduling feature. 

How does it work?

You’ll receive an email and notification through your Activity tab that your fees are ready for review, this time 10 days prior to the new quarter.

You’ll then review your management fee calculations. Not only did we simplify the view of your total fees due, but we’ve made it easier for you to understand previously allocated fees, fee savings, and reductions due to offsets or waivers.

After you approve your fees, you now have the ability to customize the transfer amount, in this case I selected the full amount, and date the fees are transferred with our new scheduling feature. Because we’re sending you your fees  for review 10 days prior to the new quarter, you can review and approve then, but select to transfer on July 1.
 

Next, select the pay from and pay to accounts, and approve the transfer. If taking advantage of automated money movement to transfer your fee, check the box to authorize the money movement.

How do I learn more or get help?

To learn more about Carta’s management fees feature, reach out to your Account Director or if you’re new to Carta, schedule a demo today.