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Accounts Payable (AP) Delta Training for PS FIN v9.2 Participant Guide Version 1.0 GeorgiaFIRST Financials March 2015 This page left blank to facilitate front×back printing. AP Delta Training for
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What is psfin?
Psfin stands for Personal Financial Statement, it is a document that provides a detailed snapshot of an individual's overall financial situation.
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Individuals who are applying for loans, mortgages, or other forms of credit may be required to file a psfin.
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To fill out a psfin, individuals need to provide information about their assets, liabilities, income, and expenses.
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The purpose of a psfin is to give creditors and lenders a clear understanding of an individual's financial health and ability to repay debts.
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On a psfin, individuals must report details about their assets (such as real estate, investments, and personal property) and liabilities (such as loans, mortgages, and credit card debt). Additionally, individuals need to report their income and expenses.
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