Income Report
The Income Report displays a complete list of Income for all your Properties. This is useful for tax related to properties. You will be prompted to choose a date period for this report.
To View this report, in the Income screen, go to the Reports button and select the Income report.
Report Data
The following data is listed for each Property:
Tax Status |
Whether or not the income is taxable. |
Category |
Category of the income. |
The following data is listed for the expenses in each Tax Status and Category:
Date |
Date of the income |
Property |
Property for the income |
Details |
Any data you entered for the income, usually the payer. |
Reference |
Invoice, check number, or other reference information for the income. |
Subtotal |
Subtotal of income for this tax status and category |
Grand Total |
Total income for the report. |
Income and Expenses Report
The Income & Expenses by Property Report displays a complete list of all Income and Expenses, listed by Tax Status and Category.
To View this report, in the Income or Expenses screen, go to the Reports button and select the Income and Expenses report.
Report Data
The following data is listed:
Tax Status |
Whether or not the income or expense is tax-deductible. |
Category |
Category of the income/expense. |
The following data is listed for the incoming and outgoing funds in each Tax Status and Category:
Date |
Date. |
Property |
Property for the entry |
Details |
Any data you entered. |
Description |
Description that you entered. |
Reference |
Invoice, check number, or other reference information. |
Expense |
Any expenses related to the date. |
Income |
Any income related to the date. |
Subtotals for categories |
Subtotal of income and expenses for this tax status and category. |
Grand Total |
Total income and expenditures. |
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