The Statement Date method will include all transactions on the statements for the selected date range.
It is not concerned about the date of the individual transaction, it is looking for the date the statement was generated.
Generating reports this way will match your folio summary reports exactly to the totals on your owner statements.
When you select to group them ‘By Statement‘ in Options, they will appear by statement order and broken down that way.
Matches the folio summary exactly to the transactions you have paid to your owners
Can include transactions from a previous financial year, or transactions entered in the new financial year if they were entered before your owner was disbursed.