Asset/Liability Statements

The Asset/Liability Detail Statement and Asset/Liability Transactions are available daily and as month-end final versions. They can be run based on every combination of the following:

• Chart
• Fund at data entry levels 4 and 5
• Organization GL report contact - (See Distribution Contacts)

FIGL Asset/Liability Detail Statement

This report is the basic balance sheet statement used to manage and reconcile the financial activity of the fund by providing asset, liability, and fund balances. It reports balances of all Account codes for every data entry combination of Chart and Fund based on parameters selected and displays prior month ending balances, current month change, current month balances, and prior year ending balances.

When running the Asset/Liability Detail Statement, the Asset/Liability Summary Statement is also available. This summary report summarizes balances by Account Type for every data entry combination of Chart and Fund based on parameters selected.

FIGL Asset/Liability Transactions

This statement reports the monthly transactions that support the current month change balances on the Asset/Liability Detail Statement.

Job Aids for viewing the General Ledger Reports:

• FN Reports - FIGL Asset/Liability Detail Statement
• FN Reports - FIGL Asset/Liability Transactions

For questions please contact uas@uillinois.edu.