TRANSPARENT, CONNECTED, AND COMPLIANT DEBT REPORTING
GASB88 requires governments to enhance the transparency of their debt obligations by including additional details in their financial disclosures. Gravity helps you collect, organize, and publish this information with accuracy and ease. From bond types to related commitments, everything stays connected and audit-ready.
SIMPLIFY A COMPLEX DISCLOSURE
With Gravity, your team can centralize debt information and eliminate the need to chase down siloed data across different spreadsheets. Built-in templates and validation rules help ensure you meet disclosure requirements without guesswork.
What You Can Expect
โข Track all debt obligations, including direct borrowings, placements, and refundings
โข Capture related terms, covenants, and key events for comprehensive reporting
โข Automatically generate GASB88 disclosure notes directly within your ACFR
โข Ensure accuracy with built-in validation logic and consistency checks
โข Maintain a complete audit trail for every update and approval
โข Align debt disclosures seamlessly with other financial reports in Gravity
โข Leverage dashboards and journal entry (JE) tools for enhanced insight and control
