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TAX SEASON'S FAV REPORT: Combined Accrual

Written by Megan Langer | Mar 27, 2023 8:13:31 PM

Tax season is upon us! We wanted to highlight the most useful and popular report to leverage during tax season. It drops all of your required data into a single downloaded workbook. This is your (or your accountant's) one-stop shop. The workbook allows you and/or your accountant a single workbook with nearly every single data point that’s needed for your weekly, monthly, quarterly, or annual reporting and tax needs. 

The data geeks can get really excited about this. Because, it opens the possibility for creating super smart macros, or even better - feeding this single report into a business intelligence tool so that reporting becomes a minutes-long process. 

Learn more about ways you can incorporate business intelligence into your organization through a Flybook Partner - Skypoint

The report includes a tab for each of the following reports: 

  • Revenue and Transactions (all your payment records for the time period)
  • Taxes and Fees (a line for everything taxed or fee’d - including the base cost, entity total, and tax or fee collected)
  • All income statements by event date (your recognized revenue for the time period you’ve pulled the report for). Includes: Activities, Tickets, Passes, Rentals, Lodging, Product...etc. They will just be blank if you do not use one of the features. 
  • Gift Card and Gift Certificates sold reports
  • Custom Line Items

Contact advisory if you’d like to learn more!