Examples of the GASB Statement of Activities

The GASB Statement of Activities prints column heading labels that are pre-defined—meaning they cannot be changed. The rows are separated into two sections:

  • Functions/Programs is the first section. It includes two parts—Primary Government (Governmental Activities and Business-Type Activities) and Component Units; they are pre-defined title labels. The source code titles and GL account titles that are assigned on the Assign Source Codes and Assign GL Accounts tabs appear under these pre-defined title labels.
  • General Revenues is the second section. It contains user defined title labels which were set up on the Assign GL Accounts tab. Labels are only assigned if the GA/BA/CU Column is selected.

The pre-defined Column Heading Labels (which are circled in the example below) print across the top of the statement, just below the header.

The following example displays how the Title 1 and Title 2 Labels, Source Code Titles, and GL Account Titles display in the Functions/Programs section on the statement. The system prints the Totals for each Title 1 and Title 2.

The General Revenues section appears at the bottom of the statement. The Title 1s, Title 2s, and GL Account Titles are identified in the example below. The system prints the Totals for each Title 1 and Title 2. Net Assets - Ending automatically prints on the statement.