Everything the prototype cannot decide on its own — in one place. Every open decision is a numbered question with our assumed default (so nothing is left blank), and every placeholder figure in the prototype is listed with exactly how it will be calculated once you supply the inputs. Nothing dead-ends: each item carries a marker and a resolution path.
❓ DECISIONA choice only your team can make. Has an assumed default until you answer.
⏳ PENDINGShown in the prototype but not final — awaiting your data. Calculation is defined.
◆ EXTENDS BRDLogic that goes beyond the current BRD draft; to be written into BRD v2.
ASSUMPTIONA placeholder we adopted to build; each maps to a question that confirms or replaces it.
46
Decisions to confirm
12
Pending figures / fields
8
Items extending the BRD
0
Unexplained blanks
✔
No blank ends. If something is not yet shown or not yet final anywhere in the prototype, it appears below with a marker and an explanation. If you find a blank we haven't marked, it's a bug — tell us.
💬
How to answer — in Excel. Click ⬇ Download questionnaire for Excel to get every question with its section, why we’re asking, our assumed placeholder, the related prototype screen, and a blank “Your answer” column. Fill it in Excel and send it back. This page is a read-only reference — there is no in-browser answering. Each section below links to the prototype screen it relates to (Open … ↗), so you can validate before you answer. The same download is available from the header of the prototype and the Interactive BRD.
Section A · Decisions we need from you
Grouped by module. Each row: the question, why it matters, our assumed default (used in the prototype so nothing is blank), and a line for your answer. Priorities: High gates Phase 1 · Medium · Phase 2.
Fund structure & basis
Fund Master
Q1
How many funds, share classes and series are in scope?
High
WhyDrives every allocation split (NAV, distribution, PCAP).
Assumed default1 fund · 2 classes (A, B) + GP interest.
✎ Your answer
Q2
Waterfall type — European (whole-fund) or American (deal-by-deal)?
High
WhyChanges how carry and return of capital are computed.
Assumed defaultEuropean (whole-fund).
✎ Your answer
Q3
Reporting currency and multi-currency handling?
Medium
WhyFX affects NAV, distributions and PCAP FX lines.
Assumed defaultSingle currency (₹), no FX translation.
✎ Your answer
Q4
Reporting frequency?
Medium
WhySets period close cadence and NAV frequency.
Assumed defaultQuarterly.
✎ Your answer
Drawdown & LPA rules
PE-06 · ◆
Q5
How are excused investors defined and excluded from a call?
High
WhyDetermines who is dropped from each drawdown. ◆
Assumed defaultExcused on ESG/mandate grounds, excluded pro-rata (LP-04 in demo).
Confirm the PCAP module is Phase 2 (High priority), correcting Appendix B of the draft BRD which places PCAP core calculations in Phase 1.
High
WhyYour own Executive Summary scope sheet (screen-shared on the call) marks PCAP Phase 2; the transcript separately confirms the Phase-1 "first proof" is drawdown and distribution notices only. We've built the pack on Phase 2 for PCAP — please confirm before build sequencing locks.
Full wording of the Investment / Capital row's Business Objective (the recording's frame cuts the description off after "Investment transactions by company,").
Medium
WhyWe can see the module is Low priority / Phase 2, but not the rest of the objective text — needed to scope the module precisely rather than infer it.
Assumed default"Investment transactions by company, valuation and ownership %" (inferred from BRD PE-08; not verbatim from your sheet).
✎ Your answer
Q46
The transcript records the accounting system name as "Delhi" ("somebody will use Delhi, some uses MSD") — please confirm the actual product (likely a mis-transcription of Tally).
Medium
WhyDrives the Import Center's source-system list and the bank/remittance reconciliation feed (Q37); we won't guess a vendor name from an unclear transcript.
Assumed defaultTally, used alongside MSD 365 depending on client entity — client-provided wording, unverified.
✎ Your answer
Section B · Pending figures — "shown, but pending"
Every value the prototype displays that is not yet final. Each is marked ⏳ PENDING in the UI, and here we state exactly how it will be calculated once you provide the input. Nothing here is a dead end.
#
Figure / field
Where shown
Will be calculated as
Needs from you
P1
Net IRR
Investor Reporting Dashboard
XIRR(dated LP cashflows + closing NAV)
Dated contribution & distribution series (Q28)
P2
Deemed contribution
NAV (all levels)
Per LPA definition, added to NAV bridge
Definition & value (Q12)
P3
Reconciliation tolerance
Reconciliation, Exceptions
|A−B| > tolerance → exception
Absolute + % thresholds (Q31)
P4
All ₹ amounts
Every screen
Replaced by your dataset; logic unchanged
One representative period of real data
P5
Fee step-down date
Management Fee
Basis switches Committed→Invested on this date
Investment-period end date (Q18)
P6
Partner ratios
PCAP, Statements
fund line × partner ratio
Effective-dated ratios = 100% (Q23)
P7
Hurdle / catch-up / carry values
Distribution
Waterfall tiers per LPA economic terms
Rates & splits (Q13, Q14)
P8
Default interest accrual (LP-05)
Drawdown, Exceptions
overdue × default rate × days/365
Default interest rate (Q6)
P9
Withholding tax amount
Distribution, notices
gross × withholding rate(type)
Rates by investor/jurisdiction (Q15)
P10
Class / investor NAV split
NAV (Class, Investor tabs)
fund NAV × allocation ratio
Allocation method (Q10)
P11
ILPA template version
Investor Reporting Dashboard
Rendered in the confirmed ILPA layout
Version 1.0 / 2.0 (Q26)
P12
Opening PCAP balance
PCAP roll-forward
Prior-period closing carried forward
Go-live opening position (Q25)
Section C · Assumptions ledger — each with its resolution
Every assumption baked into the prototype, and the question that confirms or replaces it. This is the "no blank ends" guarantee: no assumption stands without a way to close it.