Financial Summary Report

This is an accrual-based report that summarizes charges and payments for a specified fiscal period.

Report Options

Period Start/End - Report on all charges that are generated during this time period.  By default, this covers a fiscal year starting on July 1st, because that's the most common period.

As Of - Report on all payments/refunds that occurred on or before this date, for the charges that are included above.  So, please note that if someone makes a payment for a prior period, or makes an advance payment for a future period, it WILL NOT APPEAR on this report. 

Include Projected
- If this option is off, you'll see charges for people who actually submitted applications during the specified period, which are the people who expressed intent to obtain the permit you offer.
- If this option is on, you'll see charges for people who actually submitted applications during the specified period, AND charges for people who have not yet submitted their applications for the specified period.  We project charges for people that meet the following conditions:

• They have not incurred a charge within the period start/end date
• The status of their application on the "adjusted As Of' date indicates that they still have the option to renew their application
• The "adjusted As Of" date is the earlier of the "As Of" date entered on the application, and the period end date.  

Report Contents

Rows

- There is a row for each application type configured for your site
- There is also a row for late fees.  We specifically broke out the late fees for a specific client need.
- There are subtotals and total lines that add together multiple rows.

Columns

Label - This explains what information is contained on this row
Charges - This is the total charges (excluding late fees on all lines except the late fee row), during the specified start/end period
Discounts - This is the total discount given for charges during the specified start/end period
Adjustments + - This is the total adjustments for charges during the specified start/end period, that increase the amount due
Adjustments - - This is the total adjustments for charges during the specified start/end period, that decrease the amount due
Reversals - This is the total reversals during the specified start/end period
Late Fees - This is the total late fees during the specified start/end period
Net Charges - This column is calculated by adding the Charges, Discounts, and Adjustments column
Payments - This is the total amount received by the As Of date for charges during the specified start/end period
Refunds - This is the total amount refunded by the As of date for charges during the specified start/end period
Net Pay - This column is calculated by adding the Payments and Refunds column
Balance- The column is calculated by substracting the Net Payments column from the Net Charges column

Security

In order to run this report, the user needs to be in a Role that has a View Reports setting of Filtered or All.