How to create the Accounting Summary Report

The Accounting Summary Report provides a real-time, itemized snapshot by customer of account balances, past-due balances, the last account payment, and more. 

The following totals appear for all customer accounts at the end of the report:

• Taxable Sales: Total of all taxable sales that were charged to a customer account.
  IMPORTANT: This value includes the Sales Tax Applied total (see description below).  

• Non-Taxable Sales: Total of all non-taxable sales charged to a customer account. Non-taxable sales include:
  • Purchased items that are marked Non-taxable in the Inventory module > Pricing tab by clearing the Taxable checkbox.
  • Purchased items that were marked non-taxable at checkout by clearing the Tax checkbox for that line item.
  • Purchases that did not incur a tax because of the customer’s tax settings.
  • Purchases that did not incur a tax because the tax settings were changed at checkout via the Tax [F6] feature on the bottom ribbon.

• Partial Payments: Total of all payments made that were less than transaction total. For example, if a customer charged $10.00 to their account and they made a payment of $7.00, $7.00 will be added to this total.

• Unused Payments: Total of customer payments that were greater than the transaction total.  For example, if a customer charged $10.00 to there account and made a payment of $15.00, $5.00. will be added to the unused payment total.

  • This amount does not include returns.

  • This amount does not reduce the Taxable or Non-Taxable totals.

• Service Charges: Total amount of service charges that were applied to past due balances when you run statements.

• Sales Tax Applied: Total amount of sales tax collected.
  IMPORTANT: The Sales Tax Applied amount is included in the Taxable Sales total described above.

To create the report:

1. Open Paladin Point of Sale.
2. On the top ribbon, click the Reports module.
3. In the Report tab, in the Report Area pane, click Accounts Receivable.
4. In the Accounts Receivable list, click Accounting Reports.
5. In the Reports List pane, click Accounting Summary Report.
6. In the Choose Report pane, click Next or press F12.
7. In the Sorting Options pane, click Run Report or press F12.