Financial Reports

Aged Delinquency Report -- Lists only those homeowners that are delinquent or have prepaid balances at the end of the month. This report is a companion to the Balance Sheet and is a detailed summary of its totals.

Audit Trail -- Enables you to see the detailed list of all the transactions recorded for a given period in your General Ledger.

Balance Sheet -- List the assets, including cash, of the association compared to liabilities and fund balances.

Cash Flow Report -- Shows a broad spectrum of where your money came from (owners, renters, other) and where your money went (normal expenses, interest, etc.). It also shows the changes in your investments and current cash balances. This information ties back to the Balance Sheet.

Check Register -- A printout giving a detailed look at all checks that were processed during the month.

General Ledger -- The details of all transactions for the period. Other reports are summaries of the information contained in this report. You would, of course, use the General Ledger to research a summary totals stated in other reports.

Income and Expense to Budget Report -- Allows the Board to compare both current month and year to date actuals (expenses and income) to budget. This assists monitoring actual experience versus originally forecasted/approved budgets.

Monthly Trend Report -- This is a year to date report. It is useful for identifying trends as they develop. It shows the monthly history of income and expenses. It will be a valuable aid in developing next year’s budget.