The General Reports includes the Tax Schedule Report and TXF Export, the Account Summary and the Transaction Reports and also the reports in the Sample & Custom menu.
Account Summary:
Tax Schedule Report and TXF Export: The income tax schedule report is used to export all tax related Income and Expenses to a TXF (Tax eXchange Format) file. This is in addition to the HTML format that all reports allow. The TXF file can be imported into tax filing programs such as TaxCut or TurboTax.
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For this to work, the user has to segregate taxable and non taxable income to different accounts, as well as deductible and non deductible expenses. The Income Tax Information dialog is used for this. To access the Income Tax Information dialog go to Edit -> Tax Report Options. The user also must set the TXF category of each tax related account. The Income Tax Information dialog is described in the Setting Tax Report Options section. | |
Transaction Report:
Welcome Sample Report:
Custom Multicolumn Report: This report is used to place multiple reports into a single report window to examine a set of financial information at a glance.
Sample Graphs
Sample Report with Examples: