Access the Informal Accounting report
Open the file you are working in
Select Estate Accounting from the left-hand menu
Navigate to Transactions
Select Reports on the right-hand side
Choose Informal Accounting
Configure the report
Before generating the report, review the pre-generation screen and make any necessary adjustments.
You can:
Specify the accounting period
Select which schedules to include
Customize report settings as needed
Select your preferred format between Word document and PDF document
After making adjustments, select Generate, then download the file once it is ready.
What the report includes
The Informal Accounting report typically includes:
Summary, reserves and proposed distributions
Original assets and liabilities
Statement of receipts and disbursements
Investments
List of unrealized original inventory
List of unrealized non-original inventory
Calculation of executor compensation
Transactions excluded from executor compensation
Care and management
When to use this report
Use the Informal Accounting report when preparing a comprehensive accounting summary for review outside of a formal court filing. This report is commonly used to provide transparency to beneficiaries or interested parties prior to or instead of submitting a court-required accounting.