Superannuation Consolidated

Balance sheet

Statement Purpose
The balance sheet information set out in this statement aggregates accrued balances for both domestic and foreign assets and liabilities of all entities within the group.

Explanation of Fields

The statement aggregates assets, liabilities, and owners’ equity items from entities within the group. It also enables the prior year amounts to display when the
Display prior period comparison
 within the
Calculation setup
 statement is set to
Yes
.

Data Flow

Amounts in this statement are aggregated from
Balance sheet – domestic
 and
Balance sheet – foreign
. Any group adjustment can be manually adjusted, as required, through these workpapers.

Signage

The signage settings are as follows:
  • Assets are entered as positive amounts.
  • Liabilities are entered as negative amounts.
  • Increases in equity are entered as positive amounts.
  • Decreases in equity are entered as negative amounts.

This article applies to:

  • Product: ONESOURCE Corporate Tax