Useful Reports in AppFolio

General Ledger

The General Ledger is one of the most important and used reports. It provides a bird’s eye view of the property activity you’re trying to research. Here you can select which GL accounts you want to review, transaction dates, transaction creation dates modifications as well as reversed receipts/payments. This report can also help you determine how much your property cash balance is and how much your available funds are for bill payments.

This is one of the best reports to troubleshoot transactions. Income Statement, Balance Sheet and Cash Flow reports derive from the General Ledger.

Cash Flow Detail

This report commonly shows the net change in GL account balances over a specified date range and includes the Net Operating Income total for that date range. This report is mainly meant to show activity that affects operating cash. The detail is the list of receipts, payments or journal entries that impacted each GL account.

Besides the General Ledger, the Cash Flow Detail report can be useful when determining owner distributions and operating cash balances.

Trust Account Balance

The Trust Account Balance report shows balances for operating and escrow accounts of any given property during a specific date range. It also shows each property’s security deposit liability balance, additional deposit liability balance, and owner.

It is always recommended to review this report regularly to identify how your property balances are doing and spot any red flags.

You will find other Useful Reports like this:

Security Deposit Funds detail
Check Register Detail (enhanced)/Expense Register
Delinquency As of
Unit Directory
Rent Role

Whenever in doubt, you can reach out to an AppFolio accounting expert to help you set the foundations for clean and accurate bookkeeping. If you have questions about this topic, do not hesitate to Contact Us.