The statement of financial position also known as the balance sheet. Will outline the super fund's assets, liabilities, and member balances.
How to Prepare
|From the Main Toolbar, go to Reports.||
- From the Reports screen, select Financial Reports and then Add the Statement of Financial Position.
- Before preparing the report, review the settings by Selecting Settings.
- Review the options available to consolidate Bank Accounts, Term Deposits and member Accounts. Click OK
You will now be able to prepare the Statement of Financial Position.