The Revenue Change Summary Report gives staff a high-level view of how recognized revenue has changed across selected time periods. This data is pulled directly from QuickBooks Online (QBO), specifically the Total Income line of your Profit & Loss (P&L) report.
Unlike the Item Sales report, which tracks everything sold, the Revenue Change Summary Report focuses solely on recognized revenue - ignoring liability accounts.
For example, for those who collect PAC donations - those donations are likely in a "liability" account in QuickBooks Online. Those dollars would appear on the Item Sales report, but not in the Revenue Change report.
The same applies to deferred revenue. A good example of this is when a member renews in November for a membership term that begins in January. You might record the dues in a deferred revenue account until the membership term begin. In this case, the November transaction will show up in the Item Sales report, but that revenue will not be included in the Revenue Change Summary Report until it is recognized in January - when the membership term officially begins.
You'll find the Revenue Change report in the left-hand navigation, under Financial Reports. It loads real-time data directly from QuickBooks and does not store the data in Novi.
Filters
Report Period
Options include:Last 5 Years
Last Year
Custom > Choose the dates you'd like to review
Group By
Year
Month
Stage Area
Each time the filters are updated, the stage area at the top of the chart will update to show you the revenue for the dates in your filters, as well as the revenue from the previous period to compare to.
Chart & List View
The chart will show a visual of the revenue in your selected dates, grouped by month of year. Below the chart, the revenue data will be listed in a table that can be exported.