Skip to content
English
Sign in
Go to valid8financial.com
  • There are no suggestions because the search field is empty.

Financial Activity Report (FAR)

This report is an audit of all activity within the Engagement.

Report Details

Financial Activity Reports will generate as a PDF file named as follows:
  • FAR_[Engagement Name]_[Date and Time Report Generated]

The sections (which can be optional included or not at run time) for the report are:

  • 1. Accounts
    • Listing of each account showing the first statement start date and last statement end date
    • Clicking on a Account row will take you to that account in the Statements: Summary section.
  • 2. Account Activity Summary
    • Listing of each account showing the total inflows and outflows (dollar value and transaction quantity) and the number of statements for each account.
    • Clicking on a Account row will take you to that account in the Statements: Summary section.
  • 3. Statements: Summary
    • For each account a listing of the statements showing beginning and ending statement balance, total inflows and outflows for each statement (dollar value and transaction quantity) and each of the data checkers:
      • Date Gap - is the current statement start date one day after the previous statement end date
      • Sum - does the statement balance (beg balance plus inflows less outflows equals End balance)
      • PrevEB=BB - does the previous statement end balance equal to the current statements beginning balance
    • Clicking on a Statements: Summary line will take you to that statement in the Statements: Detail section.
  • 4. Statements: Detail
    • For each account a listing of the transactions for each statement.
  • 5. Transfers
    • A listing of all transfers, grouped by the account the transfer came from.
  • 6. Date Gaps
    • A listing of all the date gaps - gaps where there is no statement for an account. Shows the gap start, gap date and how many days the gap is for.
  • 7. Files
    • A listing of all the source files for the data - statements and checks.

All sections generate by default with the report, but when you are creating the report initially you have the option to turn a section off.

Clicking the Valid8 logo on the top right of any page will take you back to the Contents Page (Page 3) of the report.