A Statement of Cash Flows documents the movement of cash into and out of a business during a specified period, summarizing and classifying cash transactions to indicate cash flows from operating, investing, and financing activities.
The Statement of Cash Flows looks to a company’s beginning balances to determine the value of cash before any changes, and then documents the cash transactions during the period to determine the cash at the end of the period.
Use the Custom Formatting>Cash Flow screen to create your Statement of Cash Flows linking balance sheet accounts to the lines on your statement. You must assign lines that appear on the statement to at least one balance sheet account. The categories available from the Cash Flow screen provide flexibility to help you format your Statement of Cash Flow the way you want it. Select the Direct Method to print sub-sections in common, everyday language for the end user if you want. Edit either Direct Method or indirect method sub-section titles to customize these further.
Select
Financials>Custom Formatting from the main menu, and
click the Cash
Flow tab.
Accounts defined for the company are listed with type and class identified.
If you selected a standard chart of
accounts when
you set up the company, the Cash Flow Sub-Section column
is pre-configured. You can customize the column if necessary.
If you did not use
a standard chart of accounts, the Cash
Flow Sub-Section column
is empty and you must select a cash flow line for each account.
If you have created more than one format, select the format you want to work with from the Format field.
To view and print Cash Flow sub-sections using direct method, select the Direct Method checkbox.
Click the drop-down list in the Cash Flow Sub-Section column for each account to assign it to a cash flow line.
You must assign lines that appear on the statement to at least one balance sheet account.
Click Cash Flow Structure from the action bar to open the Cash Flow Structure dialog box. From this dialog box, you can edit text for the cash flow lines and adjust the order in which they print, or add subsections to your Statement of Cash Flows.
Use the If Different, Change To field of the dialog box to enter your own text to edit any headings or descriptions.
Enter a new number in the Print Order field to re-sequence a line on the statement.