Understanding Built-in Financial Reports in Elvanto

Elvanto offers a variety of built-in financial reports to help you gain insights into your church's giving and financial activity. These reports can be accessed by navigating to Admin > Financial > Reports.

Here's a breakdown of the available reports and their uses:

1. Batches Report

What it does: Displays transactions within specific batches.

Helpful for:

  • Reconciling deposits.
  • Tracking the details of individual batches.
  • Identifying any discrepancies within a batch.

2. Batch Summaries Report

What it does: Generates a summary of batch details over a period of time.

Helpful for:

  • Analyzing giving trends over time.
  • Tracking the total amounts collected in batches.
  • Comparing giving across different time periods.

3. Donors by Method Report

What it does: Shows people who did or didn't donate through a chosen method (e.g., online, cash, check).

Helpful for:

  • Understanding donor preferences.
  • Identifying potential issues with specific giving methods.
  • Analyzing the effectiveness of different giving channels.

4. Donors by Number of Gifts Given Report

What it does: Displays givers who have given a certain number of times within a specific period. (Similar to the New Givers Report.)

Helpful for:

  • Identifying regular givers.
  • Tracking donor engagement.
  • Recognizing and appreciating consistent supporters.

5. Giving Statements Report

What it does: Allows you to generate and print giving statements for individuals, families, or groups.

Helpful for:

  • Providing donors with an annual record of their giving.
  • Fulfilling tax receipt requirements.
  • Simplifying year-end financial reporting.

6. New Givers Report

What it does: Displays new givers over a specific period of time.

Helpful for:

  • Identifying first-time donors.
  • Tracking growth in giving.
  • Recognizing and welcoming new supporters.

7. Pledge and Transactions Amount Report

What it does: Displays pledge amounts for each individual and their total transactions during a time period.

Helpful for:

  • Tracking pledges and payments.
  • Identifying outstanding pledges.
  • Managing and following up on pledges.

8. Top Givers Report

What it does: Displays a specified number of individuals with the highest donation amounts over a period of time.

Helpful for:

  • Recognizing major donors.
  • Analyzing giving patterns among top givers.
  • Cultivating relationships with significant supporters.

9. Transactions Report

What it does: Displays transactions over a specific period of time for individuals.

Helpful for:

  • Reviewing individual giving history.
  • Tracking specific transactions.
  • Analyzing individual giving patterns.