In this lesson, you will learn to track revenue with cash accounting in Jackrabbit and use Revenue Reports and Accounts Receivable/Collection Reports to monitor paid fees and identify unpaid fees for families.
Lesson Outline
Select each link below to review the topics covered in this lesson. Each topic will open in a new browser tab, allowing for easy navigation throughout the lesson.
| Topic | Description |
|---|---|
| Accounting and Jackrabbit - An Overview |
Track revenue with cash accounting in Jackrabbit. |
| Reports |
Access over 100 customizable reports in Jackrabbit for families, students, classes, staff, enrollment, financial information, and more! |
| Work with Reports - Table Style |
Utilize the search fields, sort the report data, and customize your view to tailor the results. |
| Work with the Information in Grids |
View your data using grids, also known as tables, to group, sort, and filter for specific information, making data management more efficient and organized.
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| Favorites - Save your Report Criteria Selections |
Save report criteria as Favorites to easily access frequently used search criteria and display settings. |
| Report Output Formats |
View and save Jackrabbit reports in PDF, Excel, HTML, RTF, Text, or TIFF formats. |
| Financial Reports - An Overview | Use Revenue Reports and Accounts Receivable/Collection Reports to track paid fees and identify unpaid fees for families. |
| Maintain Accurate Revenue Reports |
Prioritize revenue checks to ensure accurate reporting, forecast income, track growth, and simplify collecting unpaid fees through the Parent Portal. |
Review the topics below for information on Jackrabbit's revenue reports
| Topic | Description |
|---|---|
| Class/Event Revenue Summary Report |
View a report of all revenue associated with a Class/Event, including Tuition Fees, Costume Fees, Competition Fees, and Taxes. |
| Deposit Slip Report | Use the Deposit Slip Report to track incoming payments by payment method, reconcile bank accounts, and settle your cash drawer by Jackrabbit User. |
| Payment Method Summary Report |
Analyze revenue by Payment Method for a specified date range, reconcile daily payments, and review refunds with the Payment Method Summary report. |
| Fee Summary Report |
View posted fees, payments, credits, and unpaid amounts with the Fee Summary report. |
| Paid Fees Report |
View revenue by Category 1 and Transaction Type for a specific day or time period with the Paid Fees report. |
| Revenue Snapshot Report | Use the Revenue Snapshot report to analyze daily revenue by Payment Method and Category 1, with QuickBooks integration for journal entries. |
| Revenue Summary Report |
Analyze revenue by Category 1, 2, and 3, comparing it with enrollments and discounts over a selected date range. |
| Revenue Reconciliation Reports | Reconcile revenue between where payments were received and where revenue was earned., with options to analyze by Family or Business Location. |
Review the topics below for information on Jackrabbit's accounts receivable and collection reports
| Topic | Description |
|---|---|
| Aged Accounts Summary Report |
Use the Aged Accounts Summary report to view unpaid fees by family, categorized by age, and streamline collections by emailing families directly from the report.
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| Aged Accounts Detail Report |
Use the Aged Accounts Details report to view aged unpaid fees by family, filter by date, and streamline collections by emailing families with overdue fees.
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| Family Balance Summary Report |
Use the Family Balance Summary report to view family balances, identify inactive families with balances due, and email them directly.
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| Email Multiple Statements/Invoices | Use the Statement-Email report to customize statements and email them to multiple families at once. |
| Print Multiple Statements/Invoices |
Use the Statements-Print report to generate statements tailored to your organization's needs, including filtering by Enrollment Status and Category 1, 2, or 3.
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| Print or Email Individual Statements/Invoices |
Print or Email a single statement for a specific family/account from the Family record.
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End of Lesson Quiz
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