Statement of Financial Position Tutorials

The Statement of Financial Position provides a snapshot of an organisation’s financial position on a specific date.

Navigation Example: Main Menu > Accounting > Financial Reporting > Menu (button) > Statement of Financial Position

These tutorials explain how to view and filter the Statement of Financial Position.

How to Display a Statement of Financial Position 

1. Navigate to Financial Reporting (e.g. Main Menu > Accounting > Financial Reporting). 
2. Click Menu (button) > Statement of Financial Position.
3. Adjust the Date or Entity as required.
4. Click View (button).

How to Display a Statement of Financial Position for a Specific Period 

1. Navigate to Financial Reporting (e.g. Main Menu > Accounting > Financial Reporting). 
2. Click Menu (button) > Statement of Financial Position.
3. Select an option next to Set from this list:
   1. User Date
   2. Month
   3. Year
   4. Fin Year
   5. Fin Year (Months)
4. Adjust the dates in the Date… to fields by clicking the dates and selecting new dates from the calendar (if required).
5. Click View (button).

How to Display a Statement of Financial Position for a Specific Entity

The option to select an entity is only displayed if you have created more than one Registered Entity.

1. Navigate to Financial Reporting (e.g. Main Menu > Accounting > Financial Reporting). 
2. Click Menu (button) > Statement of Financial Position.
3. On the dropdown list next to Entity, select the applicable Entity from the dropdown list or All to display all entities.
4. Click View (button).

How to Open a Ledger Account 

1. Navigate to the Financial Reporting (e.g. Main Menu > Accounting > Financial Reporting). 
2. Click Menu (button) > Statement of Financial Position.
3. Set the filters as needed.
4. Click View (button).
5. Right click any account and select Open Detailed Ledger from the context menu. Only available if accounts are clicked (not headings or main accounts that have subaccounts).