The Sources and Uses of Funds report displays the cash position of your organization.

ACS calculates your current period balance and the total balance of cash on hand. If the appropriate headings are selected in Add/Edit Chart of Accounts and you are in balance, these two amounts are equal.

The Current Period Balance is derived by adding the beginning balance of the selected Asset Accounts to the total of all revenues, and then subtracting the total of all expenses.

Current Period Balance = Selected asset Account Beginning Balance + (Revenues – Expenses)

ACS then calculates the Total Balances on Hand by adding the current balance of the selected Asset accounts. If the report is set up correctly, the Current Period Balance is equal to the Total Balances on Hand.

Total Balances on Hand = Total of the current balance of the selected asset accounts.

The beginning period balance depends on which report you select. For the MTD (Month-To-Date) report, the amount is the beginning balance for the selected month. For the YTD (Year-To-Date) report, the amount is the beginning balance for the selected year.

By default, all accounts are included on the Sources and Uses of Funds report. If you want accounts for a specific subheading excluded from this report, you must select the Omit from Sources and Uses Reports option for that subheading in Add/Edit Chart of Accounts.