Tyler Technologies' ACFR Statement Builder streamlines the process of preparing Annual Comprehensive Financial Reports by providing a user-friendly tile interface that guides users from report setup through the creation of audit-ready statements and schedules. The solution ensures compliance with the latest Governmental Accounting Standards Board (GASB) pronouncements, allowing organizations to adopt updates at their convenience. By automating account grouping, adjustments, and equity classifications, ACFR Statement Builder reduces the manual effort involved in financial reporting, enabling organizations to produce accurate and compliant reports efficiently.

Key Features and Benefits:

• Guided Report Creation: The intuitive tile interface leads users through each step, from initial setup to finalizing audit-ready statements and schedules.
• Automated Account Grouping: Assigns accounts to groups based on their financial presentation, simplifying the organization of financial data.
• Adjustment and Equity Classification: Facilitates necessary adjustments and equity classifications to present both government-wide and fund-level statements accurately.
• Compliance with GASB Pronouncements: Incorporates the latest GASB rules into templates, ensuring reports remain up-to-date with current standards.
• Customizable Templates: Offers a menu of statement and schedule templates that can be tailored to meet specific organizational needs.
• Year-to-Year Consistency: Allows addition of reconciling notes to reports and carries them forward annually, maintaining consistency and saving time.
• Comprehensive Print Packages: Enables the creation of customized print packages, allowing for the generation of all reports with a single click.
• Drill-Down Functionality: Provides the ability to drill into any number on ACFR-generated statements and schedules to view all underlying values, enhancing transparency and understanding.