> For the complete documentation index, see [llms.txt](https://docs.allocations.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.allocations.com/why-allocations/financials.md). # Financials Financials holds the vehicle's financial statements and its accounting ledger. Open it to review statements or post entries. The section list has two entries: Files for statements and Ledger for accounting entries. ![](https://content.gitbook.com/content/9IirLidzibYpEfSBave3/blobs/xxrxSloLNZZDz86ohyUd/Unknown%20image) 1. **Section list** Moves between Files, which holds the statements, and Ledger, which holds the accounting entries. 2. **Statements table** Lists each statement with its name, who uploaded it, when it was created, and its review status. 3. **Pending review** Marks a statement awaiting your approval, with Review and download controls. 4. **Ledger** Holds the double entry ledger, with a switch between the chart of accounts and the entries. 5. **Counts** Show how many accounts the ledger holds in total, and how many are debit and credit accounts. 6. **New Entry** Posts a new debit or credit entry to the ledger. 7. **Chart of accounts** Lists each account with its reference number, currency, type, and balance. 8. **Type** Shows whether each account is a DEBIT or a CREDIT account. ### Statements The fund administrator uploads each statement, and it arrives as Pending review with a Review button. > **Review statements promptly.** These are the documents investors receive, on the schedule set by Financial Statements in Deal Info, described in **Deal Setup**. ### Ledger The ledger holds the chart of accounts and the entries posted to it for this entity. Each account has a reference number, currency, type, balance, and description. For example, Cash is a debit account, and Investor Contributions and Equity are credit accounts. > Account numbers follow a common pattern: 1000s for assets, 3000s for equity, and 4000s for income and fees ### Accounts and Entries Use the switch to move between Accounts, which shows balances, and Entries, which shows each posting. > **Post entries with care.** Statements and investor reports use these balances, so route entries to whoever keeps the books for the entity. ### **Ledger and bank balances** > The ledger records what has been booked and Banking shows what has cleared, so compare the two each reporting period. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation by asking a question. Perform an HTTP GET request on the following URL with the `ask` and `goal` query parameters: ``` GET https://docs.allocations.com/why-allocations/financials.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is what the user is ultimately trying to achieve, the reason they need the answer. Sharing it helps GitBook give you a better, more relevant answer. A goal is most helpful when it describes the outcome the user wants rather than restating the question. For example, with `ask=how do I create an API token`, a goal like `automate deployments from our CI pipeline` lets GitBook tailor the answer to that use case. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.