Generating a Balance Sheet for a client
The Balance Sheet shows a client's assets and liabilities projected year by year, from the current year through 40 years into the future. It is generated automatically from the client's Fact-Find data — no manual data entry is needed on this page.
Opening the Balance Sheet
- Open the client's profile
- Click Financial Modelling to go to the modelling page
- In the right panel, select the Assets & Liabilities tab
What it shows
The Balance Sheet breaks down the client's financial position into asset and liability categories:
Assets
- Savings and cash
- Shares and investments
- Superannuation
- Primary property
- Investment property
- Vehicle
- Business
Liabilities
- Home loan
- Other liabilities (credit cards, personal loans, etc.)
Use the year dropdown in the Assets & Liabilities tab to view the projected balance for any specific year in the client's timeline.
The main chart on the left displays assets (blue) and liabilities (teal) as bar series across the full projection period. Hover over any year on the chart to see the values for that year.
Data completeness
The Data Completeness panel below the chart shows what percentage of the projection is based on actual Fact-Find data versus assumed defaults. Fields using defaults are listed alongside the default value being applied.
To improve accuracy, click the link to open the Fact-Find and fill in the missing fields. Re-run the projection after saving.
Recalculating
If you update the client's Fact-Find, click Recalculate at the top of the Financial Modelling page to regenerate the balance sheet with the latest data.
Default assumptions
Where a Fact-Find field is missing, Prospo uses these defaults:
AssumptionDefault value
Property growth rate
4% p.a.
Superannuation return
7% p.a.
Shares growth
8% p.a.
Savings rate
3% p.a.
Vehicle depreciation
10% p.a.
Home loan rate
6% p.a.
Home loan term
30 years
Superannuation guarantee
11.5%