Owner statements in VRTrust include a top-level summary that provides a clear breakdown of an owner’s financial position for a given period. This summary helps you quickly understand how the final payout amount is calculated.
Where to Find the Statement Summary
To view the statement summary:
Navigate to the Statements page
Select an Owner Statement
Locate the summary box in the right-hand corner
How the Statement Summary Works
The summary box walks through each step of the owner’s balance calculation:
1. Balance Start
The Balance Start represents the beginning balance for the statement period.
It reflects the ending balance from the previous month’s statement
If this is the first month of ownership, it will reflect any opening balances entered in VRTrust
If there is no prior balance, this value will be zero
2. Payouts
This line shows any owner payouts made during the current statement period.
If this value is zero, it means no payouts were issued during the month
3. Balance Forward
Balance Forward = Balance Start minus Payouts
This represents the remaining balance carried into the current period after any payouts.
4. Net Revenue and Expenses
Net Revenue includes all income generated during the period
Expenses include all costs incurred in the current statement period
5. Balance End
Balance End = Balance Forward + Net Revenue – Expenses
This is the owner’s balance before any reserves are applied.
6. Reserves (if applicable)
If you use owner reserves:
The Reserve amount is subtracted from the Balance End
This helps ensure funds are retained for future expenses or obligations
7. Available Balance
The Available Balance is the final amount payable to the owner.
This reflects the Balance End after reserves are deducted
Why This Matters
This summary gives you a clear, step-by-step view of how each owner’s balance is calculated, making it easier to validate your numbers, answer owner questions, and deliver statements with confidence.