Accounting Reports Overview

Eight standard reports plus a Month-End Close Package — built so every number reconciles exactly, to each other and to your bank.

The Accounting tab is built for whoever closes your books. It uses the exact terms from your contract, breaks out anything with tax by location and jurisdiction, and connects every report together:

• Daily summaries roll up into the monthly tax report
• The payout report ties directly to your bank deposits
• The Rewards Program Statement explains every program charge
• The close package's journal entry balances using only report data

The nine reports:
Daily Sales Summary · Payout / Deposit Reconciliation · Monthly Sales Tax Report · Monthly Rewards Program Statement · Fees Statement · Tips Report · Refunds & Adjustments · Gift Card / Stored-Value Liability · Month-End Close Package

One rule explains most questions:
Joe-funded redemptions and your own store discounts are treated in opposite ways. If a tax or revenue number looks off, start with the "Two kinds of price reductions" article — it likely explains it.

FAQ

Which report should my accountant start with?
The Month-End Close Package. It bundles the monthly reports together with a summary journal entry that's built to balance automatically. For weekly bookkeeping, use the Payout / Deposit Reconciliation report — it's the bridge between your point of sale and your bank.