3 Primary Accounting Reports
Daily
Daily Balance Log for Blue Account
- Select REPORTS from tree view in M1 Software
- Select ACCOUNTING REPORTS
- Select DAILY BALANCE REPORT from drop down (Report #7) Click Here to View How to Run this Report
- Click SEARCH, print out PDF file
- Go back to ACCOUNTING REPORTS and Select Owner Balances (Report #15) Click Here to View How to Run this Report
- Click SEARCH, print out last page of PDF file
- Follow the Daily Balance Form to confirm all is balanced at end of each day
Form - Daily Balance Log for General Trust Account (Blue)
Click here to download a Word.docx version.
Daily Balance Log for Deposit for Security Deposit Account (Gold)
- Select REPORTS from tree view in M1 Software
- Select ACCOUNTING REPORTS
- Select SECURITY DEPOSIT HELD REPORT from drop down (Report #17) Click Here to View How to Run this Report
- Click SEARCH, print out last page of PDF file (Report #77) Click Here to View How to Run this Report
- Confirm Owner & Resident total columns match
- Match up to manual transaction ledger and confirm all balances are the same
Form - Daily Balance Log for Deposit for Security Deposit Account (Gold)
Click here to download a Word.docx version.
Weekly
- Security Deposit Report confirm all security deposit disbursements are out on time Click Here to View How to Run this Report
- Close Out Report confirm all close outs are out on time Click Here to View How to Run this Report
- Late Fee Report (Report #80A) confirm all late fees & resident owes are being tracked, and process is being followed to collect balances owed Click Here to View How to Run this Report
Monthly
Month ______________________ Staff Initials _________________
Office ______________________
____ Print last commission sweep (all checks owed to company)
____ Confirm Deposit Receipts shows nothing pending to process
____ Run Uncut Check report to confirm no pending checks to process (Report #18) Click Here to View How to Run this Report
- Confirm all checks have printed
- If no checks pending, still print screen
____ Run Owner Balances Report print all pages (Report #15) Click Here to View How to Run this Report
- Select property status of ALL
- Select date range for last day of month
____ Run General Ledger Report print all pages (Report #76) Click Here to View How to Run this Report
- Select date range for today’s date of report being ran
- Very Important that this ending balance matches the owner balance or you may not continue
____ Run Check Accumulative Report print screen to include all (Report #4) Click Here to View How to Run this Report
- Select date range from first of month through last day of month (IE: 1/1/15-1/31/15)
____ Run Voided Entries Report print screen to include all (Report #21) Click Here to View How to Run this Report
- Select date range from first of month through last day of month
____ Run Deposit Summary Report print screen to include all (Report #10) Click Here to View How to Run this Report
- Select date range from first of month through last day of month
____ Run Rental Analysis (Report #47) Click Here to View How to Run this Report
- No date range is selected; just Search & Print
____ Run Ledger Code Analysis print all pages (Report #33) Click Here to View How to Run this Report
- Select date range from first of month through last day of month
____ Run Security Deposit Report (Report #17) Click Here to View How to Run this Report
- Confirm both totals match before able finalize month end and continue to next month
____ Run Security Deposit Ledger Report (Report #77) Click Here to View How to Run this Report
- Select date range from first of month through last day of month
____Run Paylease report for returned items if applicable print screen
- Select date range from first of month through last day of month
Attach all reports behind and put into your accounting book to be packaged with all work for the month
