Funding Sources
Funding Sources also known as equity accounts, Funding Sources on Voly are used to show where any funds received into any of your Voly accounts have originated from. The balance of funding sources will almost always be a negative value and does not need to reflect the accounts of actual funding source accounts.
There must always be at least one Funding Source, which by default is ‘Owners Funds’. This cannot be removed; however, the name can be changed by double-clicking the name.
Additional Funding Sources can be added by typing the name into the box and clicking on the ‘Add’ button and the name can be edited in the same way. Aside from the default Funding Source, all additional Funding Sources can be deactivated if required.
Financial Year
You can change the Financial Year Start Date, which Voly will assume is 1st January by default. Changing this will alter some report functions, especially when generating reports based on annual figures.
Please Note: that this date must always be the 1st of the month – if a date other than the 1st is entered, the system will automatically change this.
Once you have clicked on the box, a calendar will pop up allowing you to select your Financial Year Start Date
Still have questions?
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