Changes in 2bb0b40: Updated Financial-Reports (markdown)

				Financial-Reports.md
			
          @@ -2,19 +2,17 @@

           This report displays income earned in the period entered in the Period beginning and ending date fields. The start & end dates are calculated from "posting dates".

          -The income figures represent actual income earned in the period shown. Income from attendances are considered to be earned at the end of the attendance week since benefits are calculated on the whole week. (See notes below re posting date for attendance submission.

          +The income figures represent actual income earned (billed) in the period shown. For CCS approved services Income from attendances is considered to be earned when the attendances are submitted. (See notes below re posting date for attendance submission.

           The income earned is broken down into type of income - Full fees charged to parents and miscellaneous fees. 

           Notes: 

          -The figures DO NOT reflect payments received. 

          +The figures DO NOT reflect payments received, they are 'billings'.

           GST on miscellaneous fees is not included in this report as GST is not income.

          -If an attendance is submitted on a date (eg Friday) leading up to or including the relevant week ending date, then the posting date will be prior to or the week ending date. Therefore the income will be included, if the "start" and "end" date range, includes that posting date.

          -If an attendance is submitted post the relevant week ending date, then the posting date will be post the relevant week ending date, and therefore the income will not be included if the "start" and "end" date range does not include the posting date. It is therefore not income "earned" within that date range. It's posted after the date range, therefore earned post the date range.

           ### Payment Report

          @@ -25,9 +23,9 @@ Again, the payment report runs on "posting date"

           ### Aged Debt Report

          -This report shows the age of any unpaid amounts sitting on the parent's balance up to today's date. Posting date is used to calculate a parent's current balance.

          +This report shows the age of any unpaid amounts sitting on the parent's balance up to the date selected. Posting date is used to calculate a parent's balance at the selected date.

          -Aged debt is broken down into weekly periods. Payments are assigned against debts on an 'oldest first' basis to derive the age of the debt.

          +Aged debt is broken down into weekly periods. Payments are assigned against debts on an 'oldest first' basis to derive the age of the debt relative to the date selected. Only charges and paymetns on or before the date selected are included in the calculation so you have an accurate 'point in time' figure no matter when you run the report.

           ### Accounting Extract (MYOB)

          @@ -35,7 +33,7 @@ The Accounting Extract provides a profit and loss summary of the organisations p

           This information may then be extracted in a format suitable for direct import into MYOB as General Ledger postings.

          -Posting date is used to calculate Profit & Loss summary

          +Posting date is used to calculate Profit & Loss summary so that later changes to the data (eg an updated CCS calculation) will show in the period they happen even if they relate to an earlier period.

           ### More Reports > Misc Charges Report

...	...	@@ -2,19 +2,17 @@
2	2
3	3	This report displays income earned in the period entered in the Period beginning and ending date fields. The start & end dates are calculated from "posting dates".
4	4
5		-The income figures represent actual income earned in the period shown. Income from attendances are considered to be earned at the end of the attendance week since benefits are calculated on the whole week. (See notes below re posting date for attendance submission.
	5	+The income figures represent actual income earned (billed) in the period shown. For CCS approved services Income from attendances is considered to be earned when the attendances are submitted. (See notes below re posting date for attendance submission.
6	6
7	7	The income earned is broken down into type of income - Full fees charged to parents and miscellaneous fees.
8	8
9	9	Notes:
10	10
11		-The figures DO NOT reflect payments received.
	11	+The figures DO NOT reflect payments received, they are 'billings'.
12	12
13	13	GST on miscellaneous fees is not included in this report as GST is not income.
14	14
15		-If an attendance is submitted on a date (eg Friday) leading up to or including the relevant week ending date, then the posting date will be prior to or the week ending date. Therefore the income will be included, if the "start" and "end" date range, includes that posting date.
16	15
17		-If an attendance is submitted post the relevant week ending date, then the posting date will be post the relevant week ending date, and therefore the income will not be included if the "start" and "end" date range does not include the posting date. It is therefore not income "earned" within that date range. It's posted after the date range, therefore earned post the date range.
18	16
19	17
20	18	### Payment Report
...	...	@@ -25,9 +23,9 @@ Again, the payment report runs on "posting date"
25	23
26	24	### Aged Debt Report
27	25
28		-This report shows the age of any unpaid amounts sitting on the parent's balance up to today's date. Posting date is used to calculate a parent's current balance.
	26	+This report shows the age of any unpaid amounts sitting on the parent's balance up to the date selected. Posting date is used to calculate a parent's balance at the selected date.
29	27
30		-Aged debt is broken down into weekly periods. Payments are assigned against debts on an 'oldest first' basis to derive the age of the debt.
	28	+Aged debt is broken down into weekly periods. Payments are assigned against debts on an 'oldest first' basis to derive the age of the debt relative to the date selected. Only charges and paymetns on or before the date selected are included in the calculation so you have an accurate 'point in time' figure no matter when you run the report.
31	29
32	30	### Accounting Extract (MYOB)
33	31
...	...	@@ -35,7 +33,7 @@ The Accounting Extract provides a profit and loss summary of the organisations p
35	33
36	34	This information may then be extracted in a format suitable for direct import into MYOB as General Ledger postings.
37	35
38		-Posting date is used to calculate Profit & Loss summary
	36	+Posting date is used to calculate Profit & Loss summary so that later changes to the data (eg an updated CCS calculation) will show in the period they happen even if they relate to an earlier period.
39	37
40	38	### More Reports > Misc Charges Report
41	39