Financial Reports Overview

Written by Nick Miles

Last published at: February 26th, 2021

Within Financials, you can access the following Reports: 

  • Balance Sheet (Statement of Financial Position) - shows Assets, Liabilities and Equity (based on the balance for a single date for funds, fund types, fund groups, year over year, month, year, future).
  • Income Statement (Statement of Activities) - shows Revenue and Expense Accounts for a date range (allows total, budget, fund budget, year, quarter, month, day, fund, fund type, fund group reports).
  • Cash Flow - shows a change in the balance for A, L, OE (based on total, year, quarter, month, day, fund, fund type or fund group).
  • Cash Balance - shows balance for date ranges for A, L, OE.
  • Audit Report - documents foundation balances (shows the beginning, investment income(R), support(R), equity, administration(E), program(E) and ending).
  • Fund Balance - shows the total balance, principal balance and the spendable balance for specified Funds. It also displays the amounts in each fund that are: Unspecified (None)/Permanently restricted (PR)/Unrestricted (U)/Total/Principal/Spendable/Available.
  • Trial Balance - shows the total amounts by account. You can view the debits and credits that make up totals for all the line items in your chart of accounts.
  • Detail Trial - shows detail on all transactions.
  • Fund Underwater - this report subtracts the principal balance of a fund from the total balance of a fund, to calculate the underwater amount. Funds are only listed in this report if their underwater amount is negative.
  • Func Expense -this report will show you the amounts of expenses by both their natural classification and their functional classification. 
  • Investment - this report will display data account by account based on the investment level. The investment level can be set by editing the account. From the investment report you will see beginning and ending investment balance, all revenue share activity, deposits, and withdrawals.