Financial-Reports.md
... ...
@@ -12,6 +12,30 @@
12 12
13 13
### More Reports > Utilisation Report
14 14
15
+The Utilisation report is designed to be produced weekly to give an actual snapshot of the business performance and whether your service is being used to its full potential.
16
+
17
+It allows you to gather data which influences which sessions offered are successful and those which need further analysis.
18
+
19
+As it analyses at the session level on a day by day basis and therefore can pick up part weeks, you will see differences in totals compared to other reports that deal in completed weeks unless you choose your periods appropriately.
20
+
21
+#### Reconciling Utilisation and Income Reports
22
+
23
+The **Income Report** is based on the week ending Sunday of attendances submitted that fall within the selected dates (usually the first and last day of the month).
24
+
25
+The **Utilisation Report** is based per calendar day. Its not usually necessary to reconcile the two since they are intended for different purposes.
26
+
27
+However if you do wish to reconcile your income against your utilisation you will need to run the utilisation report keeping your week endings in mind.
28
+
29
+From Date - will be the first Monday that falls in that month (or the last Monday of the prior month if on the cusp)
30
+
31
+To Date - will be the last Sunday of the month
32
+
33
+For example July 2017 - Monday 26/06/2017 - Sunday 30/07/2017
34
+
35
+August 2017 - Monday 31/07/2017 - Sunday 27/08/2017
36
+
37
+Note: IS payments are attributed to the Service rather than a session and aren’t included in the utilisation report.
38
+
15 39
### More Reports > Balance Owing Report
16 40
17 41
Reports parent balances owing or in credit up to the selected date. This report also displays any non active parents who still owe money, and who may not be included when you produce your statements in bulk.