Financial Summary
The Financial Summary report gives an overview of your center’s expenditure and income across categories such as sales, taxes, tips, and support staff gratuity.
Purpose: Use this report to understand how much your center spent and how much it earned during a particular period.
Who can use this report?
This report can be used by center managers or the accounting team to keep a track of the center’s expenses and incomes.
Navigation
At the center level, click the Reports icon.
On the Reports page, search for and select the Financial Summary report.
Column description
Column | Description |
Account Category | The category of account in which there is a financial transaction (debit or credit). |
Account Name | Name of the account for the category. For example, the category Sales can include Service Sales, Class Sales, Product Sales, and others. |
Account Code | Code of the account. By default, this is the name of the account. |
Credit | The amount credited into the account. |
Debit | The amount debited from the account. |
Description | Description of the financial transaction. |