Venture Capital Due Diligence & Legal Expense Report

Managing expenses across multiple deals, portfolio companies, and fund operations is a critical part of venture capital financial management. This Venture Capital Due Diligence & Legal Expense Report template helps VC firms track, allocate, and reconcile costs with precision—from initial due diligence through deal closure and ongoing fund administration.

Built for investment teams, CFOs, and fund administrators, this form captures detailed expense information tied to specific portfolio companies, deals, and cost centers. Whether you're tracking external legal counsel fees, third-party due diligence costs, advisor retainers, or general fund administration expenses, this template ensures every dollar is properly categorized and attributed.

With Paperform's calculation engine, you can automatically compute totals, apply allocation percentages across multiple entities, and generate clear reporting for limited partners and internal finance teams. Conditional logic routes different expense types to the appropriate approval workflows, while integration with accounting platforms like QuickBooks, Xero, or custom tools via Stepper (stepper.io) keeps your books synchronized without manual data entry.

The form accommodates complex VC expense scenarios including co-investment allocations, multi-fund attribution, syndicate cost-sharing, and milestone-based advisor payments. Upload supporting documentation like invoices, engagement letters, and receipts directly within the submission for a complete audit trail.

For firms managing multiple funds or SPVs, this template scales to handle high submission volumes while maintaining the professional presentation and brand consistency your stakeholders expect. Connect it to your expense management system, trigger approval notifications in Slack, or route submissions to your finance team's project management tools—all without writing a single line of code.

Whether you're a seed-stage fund tracking lean operations or a growth-stage firm managing complex deal structures, this template brings structure and transparency to one of the most detailed aspects of venture capital operations.