Generate an Income Statement Report

Overview

The Income Report, also known as a Profit & Loss (P&L) Statement, provides a summary of income and expenses for a property over a specified period. This report helps property managers and rental owners quickly determine net gains or losses, ensuring financial transparency and informed decision-making.

How to Generate an Income Report

1. Navigate to the Reports Module in ManageCasa.
2. Click on the Income Report icon.

3. Enter the Rental Owner and/or Property for which you want to generate the report.
4. Select the reporting period or enter a custom date range.
5. Choose the report format:
   • Consolidated – Summarizes totals for each transaction category.
   • Detailed – Lists each transaction as a separate line item.
6. Choose the Accounting Method: Cash or Accrual.
   • Cash Basis: Transactions are recorded when payments are received.
     • Example: A July payment received in June will be reported in June.
   • Accrual Basis: Transactions are recorded when charges are issued, regardless of when payments are received.
7. Select the interval (e.g., monthly, quarterly) for the report.
8. Click Run Report to generate the statement.

9. Once generated, you can:
   • Download the report as a PDF
   • Export it as an Excel file
   • Share it directly with the Rental Owner via ManageCasa

Why Use the Income Report?

• Quickly determine net income or loss over a selected period.
• Provides detailed insights into income and expenses.
• Helps ensure accurate financial reporting for rental properties.

Need Help?

If you need further assistance, visit our Help Center for more guides and troubleshooting steps.