SoFA Notes

The 'Notes to the Financial Statements', as set out in the model financial statements in the ESFA 'Accounts Direction', covers many items.  In the SoFA Notes produced by the Dayta Academy System, we do not set out to reproduced these exactly, but to provide the user with as much financial analysis as is reasonably practical to enable the majority of the 'financial' notes to be created.

In most cases the notes to the financial statements will be written by your accountants/auditors; the Dayta System SoFA Notes should assist them considerably.

To run the SoFA Notes, select:

Statutory Reports > Statment of Financial Activities > SoFA Notes