Receipts by Category vs Charges by Category |
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(From Newsletter #50, Jun 3, 2024)
Q: What is the difference between the Receipts by Category and Charges by Category reports? Shouldn’t the totals be the same? I printed out both and the totals are different.
A: Those two actually report completely opposite things.
Receipts = Payments, Deposits, and Refund transactions.
Charges = Charges, Taxes, and Discount transactions.
The totals for those two reports will not be the same because you don't always receive payment for the exact same amount of charges entered on the same day. For instance if you take Deposits without entering charges until they arrive (or post-date the charges), or if you enter charges before they arrive and pay, or if you do monthly billing, enter electricity charges, etc.
As far as comparing reports, the total of Receipts by Category should only be equal to Receipts by Payment Method.
See the documentation for more details:
Transaction types:
https://campgroundmaster.com/help/transactiontypes.html
Summary report types:
https://campgroundmaster.com/help/summarytransactions.html