Funds Report

The Funds Report gives an up-to-date picture of the local church's financial situation. It lists all departments/projects, the operations within each for the period selected, and the balances at the end of the period. There is also an optional Reconciliation section at the end of the report.

The report can also be run as a Summary report, which gives a single-line summary of operations for the period chosen.

Notes

1. For an Allocated Equity account (Fund or Project) to show on the Funds report it must:

   1. Have a balance for the period selected, OR

   2. Have activity for the period selected, even if the Closing Balance is $0, OR

   3. Be assigned in the Fund field on one or more Income or Expense accounts

   4. Not be inactive

2. For Income and Expense accounts to show on the Funds report they must:

   1. Have a fund selected in the Fund field **

   2. Not be inactive

3. If a Fund has not been selected, accounts will still show on the report if there was activity for the period selected in the report filters. They will show in the Ungrouped Funds section at the end of the report.

4. If the Reconciliation section is out of balance, it is likely to be due to inactive accounts that have a balance (inactive accounts are not included on the Funds Report).

   1. To check, go to Admin | Account Search. Tick the “Include Inactive” and “Hide $0 balances” checkboxes.

   2. The missing account/s should show and the necessary adjustments can then be made.
      
      

Open

 

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