How to process Year End statements

At the end of each financial year, some owners will require a Year-End statement.

Important Note: Process and complete your EOM roll over as normal before you start this process.

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You will see a screen to choose your date range and a few additional options.

  • Make sure the date range is correct for the full financial year that you want.
  • Select whether you need to generate both paper & email copies.
  • Select whether you need to include letterhead.
  • Add an optional global message to be attached to the body of the statement.
  • Summary Only can be chosen if you want to provide the owner with a summary statement where the owner has multiple properties. EG, if an owner has 2 properties, instead of getting a statement for each property, the Summary Only option will add the financial transactions of both properties into a single statement.

NOTE: Users with data converted from other software systems should choose the Summary Only
option until they have a full year's set of transactions processed in Palace.

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Please find attached PDF on how to generate your Year End Statements

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