1. Income & Expenses (Cash Flow)
This report is meant to show activity that affects operating cash. Cash flow report shows all income and expenses for a specific period of time. The report includes all income and expenses, management fees paid, depreciation and interest expense over the set time period. Deposits, Prepaid rent and other liabilities will not be included.
2. Expense
The Expense report lists all bills dated within a specified date range. Expenses based on the property or a specific unit. The report shows all paid expense invoices for all properties and units excluding liabilities (deposit, prepaid rent, pet deposit, etc.). This report can be searched based on owner.
3. Income Statement (often referred to as a P&L)
This report allows an owner to see their gross income, gross expense, and net operating income (income minus expenses) for one calendar month.
4. Balance (coming soon)
5. 1099 (coming soon)