Reports for Closing

This help topic is applicable to the following TireMaster applications:

TireMaster Point of Sale

TireMaster Plus

TireMaster Corporate

Several reports in TireMaster can provide you with the information that you need at the month end or year end. They include details about the state of your business, and they can be used to compare subledger balances to general ledger balances.

Note: The information displayed on reports identified with a check mark (✓) changes with activity. Therefore, you might want to print these time-sensitive reports before you perform transactions in a new fiscal period.

You might want to generate reports other than those listed here during your closing procedures. For information about all of the reports in TireMaster, see Reports.

The following reports provide financial information about the activity that has occurred in your business.

Report

Description

Balance Sheet

Shows the financial position of your company for a selected period. This report includes the totals of your asset, liability, and equity accounts.

GL Summary

Shows the beginning balance, ending balance, and total debits and credits for each general ledger account during the selected period.

GL Transaction Details

Displays information for each transaction in the selected date range.

Income Statement

Shows the profit or loss earned by your company during the selected period.

Long Form

Displays detailed information about the activity for each general ledger account during the selected period.

The reports listed below provide information about your accounts receivable.

Note: The information displayed on reports identified with a check mark (✓) changes with activity. Therefore, you might want to print these time-sensitive reports before you perform transactions in a new fiscal period.

Time-Sensitive

Report and Description

✓

AR Detail - By Customer displays accounts receivable activity for the selected customers.

✓

Customer Balance Report displays all customers with balances and shows aged balances for those customers.

The following reports provide information about your accounts payable.

Note: The information displayed on reports identified with a check mark (✓) changes with activity. Therefore, you might want to print these time-sensitive reports before you perform transactions in a new fiscal period.

Time-Sensitive

Report and Description

✓

Vendor Balance Report displays each vendor with whom you have outstanding charges and shows the past due, future due, and total balances for each vendor.

✓

Vendor Statement Report displays detailed accounts payable information for all vendors.

 

National Account Reconciliation Report displays national account, government support, and adjustment invoices in the selected date range for which vendors owe you credits.

The following reports provide information about your inventory.

Note: The information displayed on reports identified with a check mark (✓) changes with activity. Therefore, you might want to print these time-sensitive reports before you perform transactions in a new fiscal period.

Time-Sensitive

Report and Description

 

Inventory Counting Deck lists inventory items and includes blank lines for noting the actual quantities of items.

✓

Consignment Inventory displays all consignment items as well as their quantities and costs.

✓

Inventory Value Report displays the value of inventory items sorted by category and group.

 

Inventory Reconciliation Report displays inventory quantities and the transactions that increased or decreased those quantities during the selected date range.

✓

Open Work Order - Item List shows all items that are currently on open work orders sorted by site and product code.

✓

Open Work Order - Qty lists all items that are currently on open work orders sorted by site and invoice.