General Ledger Q&A: Statement of Cash Flows

May 2022    Tags: General Ledger, Reports

Our firm has been making adjustments to our spending and investing. Is there a way to see how this has affected our income since the beginning of the year?

General Ledger has a Statement of Cash Flows Report that allows you to see how changes in Balance Sheet and Income Statement accounts affect the firm’s cash flow.

To run the Statement of Cash Flows report

1. In the Quick Launch, search for and select “Statement of Cash Flows.”
2. Select a Date period of “Current Year,” and select Include columns for each month.
3. Specify any additional options, and then click OK to generate the report.

Tip: If you preview the report, you can click on any of the displayed accounts to access the Account Information window, where you can access additional information.

If any account is printing in the incorrect section, you may need to designate it as Operating, Investing, or Financing.

To designate an account as Operating, Investing, or Financing

1. In the Quick Launch, search for and select “Chart of Accounts.”
2. Double click the account, then select the Report Options tab.
3. In the Statement of Cash Flows Classification section, select Operating, Investing, or Financing. This will change the section where the account displays in the Statement of Cash Flows.
4. Click Save.