In Church360° Ledger, Report Tags allow accounts to be categorized for custom reporting.
There are certain tag groups that are provided by default in Church360°, for use with the Statement of Activities and Statement of Financial Positions reports. These reports may be used by churches who choose to conform to FASB standards for nonprofit financial reporting.
To read about these reports, and how report tags are used to generate them, see our articles:
Statement of Activities Report
Statement of Financial Position Report
Users can also create their own custom Tag Groups and Tags, which can then be applied to accounts to create custom reports.
For example:
You could use Report Tags to separate budgeted accounts from non-budgeted accounts on reports, or to create a distinct reports for committees responsible for particular subsets of your chart of accounts.
For more details, and how to set up your own custom Tag Groups and Tags, see our article: