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I can help you verify the journal entry transaction reflected on your cash flow statement, cai.
The Statement of Cash Flows provides insight into your business's financial performance by presenting the cash inflows and outflows occurring within a designated period. It relies on the data added or recorded in QuickBooks. To check this further, let's open the journal entry transaction and review the accounts affected under the Debit and Credit section.
Once confirmed that it's not a valid entry, you may delete the transaction to remove it from your record. I recommend consulting with your accountant before performing the process to keep track of your account and balances.
You can discover more about statements of cash flows from these materials:
- How to run a Statement of Cash Flows
- How to calculate operating cash flow: What it is and why it’s important
You can also use your reports to assess your business's financial performance.
If you have other questions while managing your cash flows, reach out again by leaving a comment below. I'm more than happy to help. Have a good one!