Understanding and explaining complex waterfall calculations is critical—especially when auditors, lawyers, or stakeholders ask, "How exactly was this calculated?"
With Waterfall Formula Tracebacks you can click directly into your waterfall results to see the formulas and calculations behind each figure. Whether you’re preparing for an audit or fielding questions from investors, you’ll have clear, defensible answers at your fingertips.
How it works:
Within a waterfall calculation, simply click on any result or distribution amount to explore its underlying logic.
To review interest details, select either the specific interest type or interest holder, and then click on the relevant proceeds figure.
Under the proceeds section, quickly understand how much each interest type earns at each breakpoint.
Scroll down to reveal an audit trail providing detailed calculations for every breakpoint.
Click a specific breakpoint's proceeds figure to view precisely how that amount was calculated, with a detailed breakdown below.
Why this matters:
Accuracy and transparency are essential, particularly during audits and stakeholder communication. With Waterfall Formula Traceback, our goal is simple: eliminate manual validation headaches, boost confidence in your data, and help you communicate results clearly to investors, auditors, and legal advisors.
Take the guesswork out of your distributions—Waterfall Formula Traceback gives you total visibility, accuracy, and peace of mind.
DISCLOSURE: This communication is on behalf of eShares, Inc. dba Carta, Inc. ("Carta"). This communication is for informational purposes only, and contains general information only. Carta is not, by means of this communication, rendering accounting, business, financial, investment, legal, tax, or other professional advice or services. This publication is not a substitute for such professional advice or services nor should it be used as a basis for any decision or action that may affect your business or interests. Before making any decision or taking any action that may affect your business or interests, you should consult a qualified professional advisor. This communication is not intended as a recommendation, offer or solicitation for the purchase or sale of any security. Carta does not assume any liability for reliance on the information provided herein. ©2026 Carta. All rights reserved. Reproduction prohibited.
