Understanding Reports or Figures

Articles

Account Required is Not Found in Selection Given in Strata Master
Account Required is Not Found in Selection Given in Strata Master The drop down selections for General Ledger Accounts are found in a variety of processes. The options selected here will assist you to work out why you cannot find the account numbe...
Balance Sheet Does Not Balance
What to do if a balance sheet is not balancing
Balance Sheet Receivables does not Correspond with Levy Position Report in Strata Master
Balance Sheet Receivables does not Correspond with Levy Position Report in Strata Master The Receivables-Levies figures in the Balance Sheet Also known as the Statement of Financial Position, as highlighted below should balance with the ar...
BMC Setup and Use in Strata Master
BMC Set up in Strata Master 1)  Configure > Association types  | create a new Association type - Building Management Committee 2)  Configure > Bank Accounts > enter a new Bank Account - Unless a General (single) Trust is operated the ...
Methods of Recording for Special Purposes in Strata Master
Methods of Recording for Special Purposes in Strata Master There are various methods of recording for special purposes in Strata Master, depending on your Owners Corporation requirements for reporting. It is recommended that you review each optio...
Search for a Transaction
Search for a Transaction This article will assist you to see what transactions have already been processed in Strata Master, and is a general guide. Searching for transactions assists you to reconcile your bank statements to Strata Master, ensure ...
Understanding Double Entry Accounting
Understanding Double Entry Accounting Strata Master is a double entry accounting platform. Therefore it creates Balance Sheets and Income & Expenditure reports and other financial reports. This article will assist the recall of those with some pr...