If you need to make changes to the statement of cash flows report, you can
use this window to add accounts, remove accounts, or change the section in
which an account appears.
Important: In most cases, you do not need to modify this report.
Before making changes, it is recommended that you consult an accountant.
The Account Name column lists the accounts that can appear in the report.
This includes balance sheet
accounts (other than bank accounts), income accounts, and expense
Which accounts appear in the report?
By default, each balance sheet account appears in a section of the
Income and expense accounts are not automatically assigned to a section
because they are included in the Net Income at the top of the report.
What changes can you make?
In some cases, your accountant may request that you change the report to
show your cash inflows and outflows in a different way.
Moving an account: You can move a balance sheet account to
a different section of the report to change its classification.
Adding an account: If you have an income or expense account
that tracks only non-cash transactions (such as depreciation expense), you can
add it to the report.
To preserve the accuracy of the report, you cannot remove balance sheet
Do not add accounts that track cash income or
In some cases, your accountant may request that you add an income or expense
account to the report to show non-cash income or expense in a different way.
Before adding the account, make sure that you have not used it to track cash
income or expense.
Correct: You have an expense account called
"Depreciation" that you use only for depreciation of fixed assets. To
see the adjustment for this non-cash expense in the Operating Activities
section of the report, you add the account to that section.
Incorrect: You have an account called "Truck
expense" that you use for all vehicle expenses, including depreciation,
repair costs, and fuel. Removing this account from the report removes real
expenses for repair costs and fuel, causing numbers in the statement of cash
flows report to become incorrect.
How do I learn more about this