Training Tidbit: GASB 34 Reports
Are you required to complete and submit GASB 34 reports? If so, remember the School Accounting System can be utilized to generate and print the GASB 34 reports (with the exception of the MD&A report, which is a formal written report).
After generating and completing the GASB 34 reports, the Total Net Assets on the Statement of Net Assets (G1) report should equal the Net Assets Ending on the Statement of Activities (G2) report.
For step-by-step instructions on generating the GASB 34 reports, refer to the “GASB 34 Reports” topic in the Help File.