Sources and Applications of Funds Type.
You must enter a SAF Type for every Balance Sheet account if you plan to print SAF statements. SAF statements are used by your accountant to see sources from which funds were obtained, and how those funds were used.
You can enter one of the following codes in this field:
|
Code |
Definition |
|
L |
Current Liabilities |
|
A |
Current Assets |
|
C |
Cash |
|
F |
Funds-Flow Accounts |
|
N |
Non-Cash Charges Against Income |
The SAF Type field tells the system to generate one or all of the following statements:
Statement of Cash Flow
Changes in Financial Position
or
Statement of Changes in Working Capital