What Is the Financial Transaction Report?
One of the many Financial reports you can generate is the Transactions report. This report provides information on the transactions in your database.
To narrow down or broaden results, use the various options in the Search section. These include options in the Transaction Date dropdown, Election, Financial Account, and more. You can hide options by clicking the X to the right of each option, or you can display them by selecting them from the Add Row dropdown.
After you’ve chosen the criteria for the report, you can then determine what specific columns of information you’d like to see, including sorting the data or aggregating transaction totals.
The Columns section contains all the ways to display the data, ranging from basic info like Amount and Date to more complex or in-depth data, such Allocation or Transaction Tags, if applicable.
When it comes to the choices made in the Columns section, keep the following in mind.
First, some options, such as All Emails and All Phones, take the system longer to sort through, which can cause the report generation time to be a little longer than usual.
Also, there are three fields that, while similar, can affect your report totals in different ways:
- Amount: the raw amount of the transaction.
- Net Worth Impact: the transaction’s impact on the organization’s net worth.
- Cash Impact: the transaction’s impact on the organization’s cash.
These fields will have different numbers based on the nature of the transaction. For example, a $500 expense would have values of:
- Amount: $500
- Net Worth Impact: -$500
- Cash Impact: -$500
An In-Kind Contribution of $200 would have values of:
- Amount: $200
- Net Worth Impact: $0
- Cash Impact: $0