Accounts Reports - Revision history

Cyle van Niekerk at 12:37, 2 December 2013

2013-12-02T12:37:47Z

Eliza at 07:13, 8 March 2011

2011-03-08T07:13:53Z

Andrew at 20:46, 14 February 2011

2011-02-14T20:46:17Z

Admin at 04:55, 21 January 2011

2011-01-21T04:55:08Z

Admin: Created page with " More Detail= Account Accounting Concepts Account Types Accounts List Accounts Reports Balance Sheet BAS Report [[BAS R..."

2011-01-21T04:47:17Z

Created page with "<menu name=myMenu align=center> More Detail= Account Accounting Concepts Account Types Accounts List Accounts Reports Balance Sheet BAS Report [[BAS R..."

New page

<menu name=myMenu align=center>
More Detail=
[[Account]]
[[Accounting Concepts]]
[[Account Types]]
[[Accounts List]]
[[Accounts Reports]]
[[Balance Sheet]]
[[BAS Report]]
[[BAS Report List]]
[[Cash Flow Forecast]]
[[Cash Flow Statement]]
[[Dashboard]]
[[Journal Entry]]
[[Journal Entry List]]
[[Profit & Loss]]
[[Retained Earnings]]
[[Summary Sheet]]
[[Transaction Journal]]
[[Trial Balance]]
</menu>

== '''Introduction''' ==

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-<menu name=myMenu align=center>
+<menu name="myMenu" align="center">
 More Detail=
 [[Account]]
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 [[Transaction Journal]]
 [[Trial Balance]]
 </menu>
 == '''Overview'''  ==
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 It is often helpful to think of a balance sheet as a "snap-shot" of the business - a picture of the financial position of the business at a specific point. Whilst this is a useful picture to have, every time an accounting transaction takes place, the "snap-shot" picture will have changed.
-By contrast, the [[profit and loss]] account provides a perspective on a longer time-period. If the balance sheet is a "digital snap-shot" of the business, then think of the profit and loss account as the "DVD" of the business' activities. The story of what financial transactions took place in a particular period - and (most importantly) what the overall result of those transactions was.
+By contrast, the [[Profit and loss]] account provides a perspective on a longer time-period. If the balance sheet is a "digital snap-shot" of the business, then think of the profit and loss account as the "DVD" of the business' activities. The story of what financial transactions took place in a particular period - and (most importantly) what the overall result of those transactions was.
-Not surprisingly, the [[profit and loss]] account measures "profit".
+Not surprisingly, the [[Profit and loss]] account measures "profit".
 What is profit?
@@ Line 54: / Line 54: @@
 ==== Accounts Reports Detail  ====
-*[[Account_Types_List]] - Lists the account types available to you when creating accounts.
+*[[Account Types List]] - Lists the account types available to you when creating accounts.
-For more information on Types of accounts available see [[new_Account]]
+For more information on Types of accounts available see [[New Account]]
-*[[Accounts_Payable_Report]] - Detailed report of accounts payable (or creditors) with aged detail for each of the Suppliers [[Accounts_Receivable_Report]] - Detailed report of accounts receivable or debtors with aged detail for each of the Customers
+*[[Accounts Payable Report]] - Detailed report of accounts payable (or creditors) with aged detail for each of the Suppliers [[Accounts Receivable Report]] - Detailed report of accounts receivable (or debtors) with aged detail for each of the Customers
 *Approval_Reminder_List - Listing of Puchase Orders awaiting payment approval from approved person
-*[[Audit_Trail_List]] - Full list of transactions and history of changes to those transactions. This is useful to track when a change was made to a transaction (e.g. Change of value on an Invoice) and which user made the change
+*[[Audit Trail List]] - Full list of transactions and history of changes to those transactions. This is useful to track when a change was made to a transaction (e.g. Change of value on an Invoice) and which user made the change
-*[[Balance_Sheet]] - Full Balance Sheet as described above
+*[[Balance Sheet]] - Full Balance Sheet as described above
-*[[Bank_Account_Report]] - Full listing of postings to each bank account for a selected period including whether the transaction has been reconciled
+*[[Bank Account Report]] - Full listing of postings to each bank account for a selected period including whether the transaction has been reconciled
-*[[Cash_Flow_Forecast]] - Projection of future cash flow based on current creditor and debtor balances. e.g. What monies are due to be received/paid in the next week/month/quarter/year
+*[[Cash Flow Forecast]] - Projection of future cash flow based on current creditor and debtor balances. e.g. What monies are due to be received/paid in the next week/month/quarter/year
 *General Ledger - Listing of all transactions by account for a selected period with options for: Summary - Totals Only Details - Subtotals by transaction type Extra Details - Full transaction listing
 *[[Profit/Loss]] - Full Profit &amp; Loss report as described above
 *Profit &amp; Loss (By Period) - Full Profit &amp; Loss report with comparison periods (Month, Quarter or Year). e.g. you can compare income in the Profit and Loss for the current month, with revenue from the previous month.
 *Profit &amp; loss Summary - Profit &amp; Loss Totals only with comparison by various period selections from daily up to a full year.
-*[[Statements]] - Listing of Invoices and Payments that appear on statements for the selected date range. See [[Print_Statements]]
+*[[Statements]] - Listing of Invoices and Payments that appear on statements for the selected date range. See [[Print Statements]]
-*[[Summary_Sheet]]- Summary of financial information including current Balance sheet total, aged payable and receivables and Profit and Loss comparisons for prior periods of Last Week, Last Month, Last 3 Months and Last 12 Months
+*[[Summary Sheet]]- Summary of financial information including current Balance sheet total, aged payable and receivables and Profit and Loss comparisons for prior periods of Last Week, Last Month, Last 3 Months and Last 12 Months
 *Tax Summary - Listing of tax codes and corresponding amounts for a selected date range
-*[[Transaction_Journal]]a - Listing of all transactions for a selected period of time with detail of all associated account postings
+*[[Transaction Journal]]&nbsp;- Listing of all transactions for a selected period of time with detail of all associated account postings
-*[[Trial_Balance]] - Listing of accounts and their balances as well as a total of debits and credits for a period of time. This is a snapshot of balances to demonstrate that all all account postings balance.
+*[[Trial Balance]] - Listing of accounts and their balances as well as a total of debits and credits for a period of time. This is a snapshot of balances to demonstrate that all account postings balance.
 *Unassigned Tax Codes - Listing of any transactions that have been created without a tax code. A tax code is essential on all transactions to ensure BAS or VAT returns can include all necessary transactions.
 *Unpaid Bills - This is a simplified creditors report that has the advantage of being faster to produce than a full Accounts Payable Report
   Note: Links (LinkId) will be set-up when the destination text has been entered.

@@ Line 39: / Line 39: @@
 It is often helpful to think of a balance sheet as a "snap-shot" of the business - a picture of the financial position of the business at a specific point. Whilst this is a useful picture to have, every time an accounting transaction takes place, the "snap-shot" picture will have changed.
-By contrast, the profit and loss account provides a perspective on a longer time-period. If the balance sheet is a "digital snap-shot" of the business, then think of the profit and loss account as the "DVD" of the business' activities. The story of what financial transactions took place in a particular period - and (most importantly) what the overall result of those transactions was.
+By contrast, the [[profit and loss]] account provides a perspective on a longer time-period. If the balance sheet is a "digital snap-shot" of the business, then think of the profit and loss account as the "DVD" of the business' activities. The story of what financial transactions took place in a particular period - and (most importantly) what the overall result of those transactions was.
-Not surprisingly, the profit and loss account measures "profit".
+Not surprisingly, the [[profit and loss]] account measures "profit".
 What is profit?
@@ Line 54: / Line 54: @@
 ==== Accounts Reports Detail  ====
-*Account_Types_List&lt;LinkId=15&gt; - Lists the account types available to you when creating accounts.
+*[[Account_Types_List]] - Lists the account types available to you when creating accounts.
-For more information on Types of accounts available see new_Account&lt;LinkId=9&gt;
+For more information on Types of accounts available see [[new_Account]]
-*Accounts_Payable_Report&lt;LinkId=50&gt; - Detailed report of accounts payable (or creditors) with aged detail for each of the Suppliers Accounts_Receivable_Report&lt;LinkId=48&gt; - Detailed report of accounts receivable or debtors with aged detail for each of the Customers
+*[[Accounts_Payable_Report]] - Detailed report of accounts payable (or creditors) with aged detail for each of the Suppliers [[Accounts_Receivable_Report]] - Detailed report of accounts receivable or debtors with aged detail for each of the Customers
 *Approval_Reminder_List - Listing of Puchase Orders awaiting payment approval from approved person
-*Audit_Trail_List&lt;LinkId=293&gt; - Full list of transactions and history of changes to those transactions. This is useful to track when a change was made to a transaction (e.g. Change of value on an Invoice) and which user made the change
+*[[Audit_Trail_List]] - Full list of transactions and history of changes to those transactions. This is useful to track when a change was made to a transaction (e.g. Change of value on an Invoice) and which user made the change
-*Balance_Sheet&lt;LinkId=23&gt; - Full Balance Sheet as described above
+*[[Balance_Sheet]] - Full Balance Sheet as described above
-*Bank_Account_Report&lt;LinkId=60&gt; - Full listing of postings to each bank account for a selected period including whether the transaction has been reconciled
+*[[Bank_Account_Report]] - Full listing of postings to each bank account for a selected period including whether the transaction has been reconciled
-*Cash_Flow_Forecast&lt;LinkId=1275&gt; - Projection of future cash flow based on current creditor and debtor balances. e.g. What monies are due to be received/paid in the next week/month/quarter/year
+*[[Cash_Flow_Forecast]] - Projection of future cash flow based on current creditor and debtor balances. e.g. What monies are due to be received/paid in the next week/month/quarter/year
 *General Ledger - Listing of all transactions by account for a selected period with options for: Summary - Totals Only Details - Subtotals by transaction type Extra Details - Full transaction listing
-*Profit/Loss&lt;LinkId=17&gt; - Full Profit &amp; Loss report as described above
+*[[Profit/Loss]] - Full Profit &amp; Loss report as described above
 *Profit &amp; Loss (By Period) - Full Profit &amp; Loss report with comparison periods (Month, Quarter or Year). e.g. you can compare income in the Profit and Loss for the current month, with revenue from the previous month.
 *Profit &amp; loss Summary - Profit &amp; Loss Totals only with comparison by various period selections from daily up to a full year.
-*Statements&lt;LinkId=187&gt; - Listing of Invoices and Payments that appear on statements for the selected date range. See Print_Statements&lt;LinkId=197&gt;
+*[[Statements]] - Listing of Invoices and Payments that appear on statements for the selected date range. See [[Print_Statements]]
-*Summary_Sheet&lt;LinkId=16&gt; - Summary of financial information including current Balance sheet total, aged payable and receivables and Profit and Loss comparisons for prior periods of Last Week, Last Month, Last 3 Months and Last 12 Months
+*[[Summary_Sheet]]- Summary of financial information including current Balance sheet total, aged payable and receivables and Profit and Loss comparisons for prior periods of Last Week, Last Month, Last 3 Months and Last 12 Months
 *Tax Summary - Listing of tax codes and corresponding amounts for a selected date range
-*Transaction_Journal&lt;LinkId=1277&gt; - Listing of all transactions for a selected period of time with detail of all associated account postings
+*[[Transaction_Journal]]a - Listing of all transactions for a selected period of time with detail of all associated account postings
-*Trial_Balance&lt;LinkId=21&gt; - Listing of accounts and their balances as well as a total of debits and credits for a period of time. This is a snapshot of balances to demonstrate that all all account postings balance.
+*[[Trial_Balance]] - Listing of accounts and their balances as well as a total of debits and credits for a period of time. This is a snapshot of balances to demonstrate that all all account postings balance.
 *Unassigned Tax Codes - Listing of any transactions that have been created without a tax code. A tax code is essential on all transactions to ensure BAS or VAT returns can include all necessary transactions.
 *Unpaid Bills - This is a simplified creditors report that has the advantage of being faster to produce than a full Accounts Payable Report
   Note: Links (LinkId) will be set-up when the destination text has been entered.

← Older revision		Revision as of 20:46, 14 February 2011
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	</menu>		</menu>

−	== '''Overview''' ==	+	== '''Overview''' ==
		+
		+	Selecting the Accounts Reports icon will open the Report Selector menu displaying the list of Accounts related reports.
		+
		+	==== The main financial accounting statements ====
		+
		+	The purpose of financial accounting statements is mainly to show the financial position of a business at a particular point in time and to show how that business has performed over a specific period.
		+
		+	The three main financial accounting statements that help achieve this aim are:
		+
		+	#The profit and loss account for the reporting period
		+	#A balance sheet for the business at the end of the reporting period
		+	#A cash flow statement for the reporting period
		+
		+	A balance sheet shows at a particular point in time what resources are owned by a business ("assets") and what it owes to other parties ("liabilities"). It also shows how much has been invested in the business and what the sources of that investment finance were.
		+
		+	It is often helpful to think of a balance sheet as a "snap-shot" of the business - a picture of the financial position of the business at a specific point. Whilst this is a useful picture to have, every time an accounting transaction takes place, the "snap-shot" picture will have changed.
		+
		+	By contrast, the profit and loss account provides a perspective on a longer time-period. If the balance sheet is a "digital snap-shot" of the business, then think of the profit and loss account as the "DVD" of the business' activities. The story of what financial transactions took place in a particular period - and (most importantly) what the overall result of those transactions was.
		+
		+	Not surprisingly, the profit and loss account measures "profit".
		+
		+	What is profit?
		+
		+	Profit is the amount by which sales revenue (also known as "turnover" or "income") exceeds "expenses" (or "costs") for the period being measured.
		+
		+	==== How to Use Accounts Reports ====
		+
		+	*Select Accounts
		+	*Select Accounts Reports
		+
		+	==== Accounts Reports Detail ====
		+
		+	*Account_Types_List<LinkId=15> - Lists the account types available to you when creating accounts.
		+
		+	For more information on Types of accounts available see new_Account<LinkId=9>
		+
		+	*Accounts_Payable_Report<LinkId=50> - Detailed report of accounts payable (or creditors) with aged detail for each of the Suppliers Accounts_Receivable_Report<LinkId=48> - Detailed report of accounts receivable or debtors with aged detail for each of the Customers
		+	*Approval_Reminder_List - Listing of Puchase Orders awaiting payment approval from approved person
		+	*Audit_Trail_List<LinkId=293> - Full list of transactions and history of changes to those transactions. This is useful to track when a change was made to a transaction (e.g. Change of value on an Invoice) and which user made the change
		+	*Balance_Sheet<LinkId=23> - Full Balance Sheet as described above
		+	*Bank_Account_Report<LinkId=60> - Full listing of postings to each bank account for a selected period including whether the transaction has been reconciled
		+	*Cash_Flow_Forecast<LinkId=1275> - Projection of future cash flow based on current creditor and debtor balances. e.g. What monies are due to be received/paid in the next week/month/quarter/year
		+	*General Ledger - Listing of all transactions by account for a selected period with options for: Summary - Totals Only Details - Subtotals by transaction type Extra Details - Full transaction listing
		+	*Profit/Loss<LinkId=17> - Full Profit & Loss report as described above
		+	*Profit & Loss (By Period) - Full Profit & Loss report with comparison periods (Month, Quarter or Year). e.g. you can compare income in the Profit and Loss for the current month, with revenue from the previous month.
		+	*Profit & loss Summary - Profit & Loss Totals only with comparison by various period selections from daily up to a full year.
		+	*Statements<LinkId=187> - Listing of Invoices and Payments that appear on statements for the selected date range. See Print_Statements<LinkId=197>
		+	*Summary_Sheet<LinkId=16> - Summary of financial information including current Balance sheet total, aged payable and receivables and Profit and Loss comparisons for prior periods of Last Week, Last Month, Last 3 Months and Last 12 Months
		+	*Tax Summary - Listing of tax codes and corresponding amounts for a selected date range
		+	*Transaction_Journal<LinkId=1277> - Listing of all transactions for a selected period of time with detail of all associated account postings
		+	*Trial_Balance<LinkId=21> - Listing of accounts and their balances as well as a total of debits and credits for a period of time. This is a snapshot of balances to demonstrate that all all account postings balance.
		+	*Unassigned Tax Codes - Listing of any transactions that have been created without a tax code. A tax code is essential on all transactions to ensure BAS or VAT returns can include all necessary transactions.
		+	*Unpaid Bills - This is a simplified creditors report that has the advantage of being faster to produce than a full Accounts Payable Report
		+
		+	Note: Links (LinkId) will be set-up when the destination text has been entered.

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 [[Journal Entry]]
 [[Journal Entry List]]
-[[Profit & Loss]]
+[[Profit and Loss]]
 [[Retained Earnings]]
 [[Summary Sheet]]
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 </menu>
-== '''Introduction''' ==
+== '''Overview''' ==