Get Parents Financial Statement Workbook And - SSS By NAIS - Berkeleyhall

To support our schools in their efforts, Community Brands is bringing together two of its leading brands, TADS Financial Aid and School and Student Services (SSS), onto a single software platform.

To calculate your “Discretionary Income,” SSS takes your Income (the money you earn/receive) and subtracts Non-Discretionary Expenses such as taxes and emergencies. It also considers a small portion of your Net Worth (your Assets minus your Debts) as potentially available for meeting your living expenses.

The three major financial statement reports are the balance sheet, income statement, and statement of cash flows.

A financial statement is a report that shows the financial activities and performance of a business. It is used by lenders and investors to check a business's financial health and earnings potential.

The general purpose financial statements of the parent company are considered to be those that include the consolidated results and financial positions of its subsidiaries. This calls for the use of consolidation accounting, which eliminates inter-company transactions among the subsidiaries.

While the subsidiaries operate separately from the parent company, a consolidated financial statement reports on the enterprise as a whole, with the parent company and subsidiaries together making up the financial picture of the entity.

The Parents' Financial Statement (PFS) is a comprehensive online form that allows School and Student Services (SSS) to estimate the amount that your family can contribute towards your child's tuition. SSS reports that estimate to any school or schools you indicate on your PFS.