Schedule Summary Report
Balance Overview Across Schedules and Control Numbers
The Schedule Summary Report provides a high-level overview of account balances across selected schedules and control numbers. It is designed for users who need a quick snapshot of financial positions without diving into individual transactions. For example, when reviewing customer balances, warranty receivables, and departmental control totals.
Benefits:
- Monthly Reviews: To check which accounts have outstanding balances at a glance.
- Quick Validation: When confirming that balances align with expectations before deeper analysis.
- Executive Reporting: Useful for sharing summarized financial data with leadership or non-finance teams.
- Preliminary Reconciliation: A starting point before using the Schedule Detail Report for deeper investigation.
Who Uses the Schedule Summary Report, How Often, and Why
|
Office Manager |
Monthly, as needed |
Reviews high-level account balances, checks for outstanding balances, and validates financial positions. |
|
Controller |
Monthly, quarterly, as needed |
Gets a quick snapshot of financial positions, prepares for executive reporting, and validates balances before deeper analysis. |
|
Accounting Clerk |
Monthly, as needed |
Performs preliminary reconciliation and quick validation of account balances before detailed review. |
|
General Manager |
Monthly, quarterly |
Reviews summarized financial data for oversight and decision-making; uses for executive reporting. |
|
Fixed Ops Director |
Occasionally |
Checks departmental control totals and reviews balances related to service/parts operations. |
|
|
Monthly or during payroll reviews |
Validates payroll-related account balances at a summary level. |