The Statement of Financial Position report provides a summary, by account grouping, or by individual accounts, of your Asset, Liability and your Net Asset accounts over the selected year and the previous year. In order to use this report, you must first organize your accounts into groups in the Advanced Report Settings window. Net Assets are your equity and dedicated accounts, and are broken out into two categories, with and without donor restrictions. All dedicated accounts are considered to have donor restrictions, while equity accounts, if designated as restricted in the Advanced Report Settings, will be considered to have donor restrictions, otherwise, they will be considered to be without donor restrictions. This report is good for showing you year-to-year changes in different areas of your finances.
- You can access the Statement of Financial Position report by clicking "Other Reports" and then clicking "Statement of Financial Position".
- Select the year you're running the report for in the "Finance year" field.
- You can choose which Book/Fund's accounts will be included on your report in the "Books" or "Funds" field by checking or unchecking the different books or funds you want to include.
- The "Level of Detail" field will let you choose if you want to see just the totals for each group, or if you also want to see the individual accounts under those groups by choosing "Normal" or "Account" respectively.
- Click "Print" to print your report.