Income Statement: Also known as a profit and loss, or P&L statement, it shows the organization’s revenues and expenses during a particular time period.
Balance Sheet: A summary of the financial balances of your organization, particularly your assets (for example, cash on hand and outstanding receivables), liabilities (for example, outstanding payables) and equity as of a single point in time.
Receipt Summary: This is a cash-basis accounting report for income. The report includes all transactions coded to an income account from member payments, bill pay registers and bank account registers.
Disbursement Summary: This is a cash-basis accounting report for expenses. The report includes all transactions coded to an expense account from OmegaFi, deposit split registers, bill pay registers and bank account registers.
Budget: A planning document to help you project revenue and plan expenses over a designated time period.
Bank Activity: Monthly statement showing credits and debits from your local bank account.