From the Overview page:

• Click on Analysis. A submenu will appear.
• Click on Financial Statements

• Click Add

 

 

• The Add a Financial Statement popup will appear. In the Analysis Type field, select Personal.
• In the Template field, select the financial statement template you would like to use. You can use a system created one or a custom template created by a Site Admin.
• Next select a contact in the Contact field. The list of contacts in the dropdown menu includes contacts associated with Businesses in the Entities area.
• Select the Cashflow Entity in the corresponding field. These will be pulled from the Entities in the Entity section of the project.
• The prior loans field allows you to import a financial statement you have created for this person before. If you know the loan/project number, you can select it here and the statement will be imported.
• Finally give the statement a description. The system will automatically use the person’s name, change it if you wish.
• Review your settings then click Save.

 

• The pop up will disappear and the page will load the statement. You will see a prompt that says “Add Period.” Click it to begin the statement.

 

Some settings will appear that you need to decide.

• First is this going to be a Historical Period, or a Projection. Make your selection using the radio buttons.
• Specify the As of Date of the Statement and its Tax Period End using the date fields.
• The analyst field is automatically filled in with the name of whoever is logged in and creating the statement. You can use the X button to remove the name and add another Analyst’s name to it.
• The Include in Cashflow option if checked will include the period in the discretionary income for the Entity the person is associated with.
• The Include in Credit Memo option, if checked will include a summary of the period in the personal discretionary income section of the credit memo if the section is part of the template. This is not a full spread.
• The Include in Personal Resource Analysis option if checked will allows you to use data from the spread in the Personal Resource Analysis section of Ventures.

 

Please note: The three options above do not mean the Personal Financial Statement you are creating will appear as an option on the screen where a credit memo is generated. The information from the financial statement will be inserted in the credit memo in the section dictated by the checkbox you have checked. As long as you check the check box, the information will be included in the section dictated by the checkbox.

 

• If you check the lock option, the section will not be editable. This help prevent data overwrites.
• Go through and make your selections then click Add
• The Add period popup will disappear. You will see the period you have just created listed in the statement.

 

 

• Now you can add more periods following the steps above, or you can continue with filling in your Period.
• For a Personal Statement, enter your amount as Whole Dollars.

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• Any field with a white label allows you to change the label of the field. Simply click in it to make edits.

 

 

• When you finish adding and filling out periods. Click save.
• Go through the remaining tabs and add any information you need to.
• Click Save.