PortMike
Level 3

Reports and accounting

HoneyLynn_G, Thank you for your answer.  Unfortunately, I don't think you understand the issue.  The issue is that QB classifies changes in current liabilities as Operating Activities in the Statement of Cash Flows. 

From an accounting standpoint, I believe that the deposits received are current liabilities since we hope to close the sale of our excess property in a year or less.  Furthermore, the changes in this particular current liability account should show up in the Investing Activities section of the Statement of Cash Flows since we will be in effect, changing the amount we have invested in a major asset (land).

What I would like to do is make this change in a current liability appear in the Investing Activities section of the Statement of Cash Flows as opposed to the Operating Activities section.