One of Five Property's Principal showing on Statement of Cash Flows

I'll help you fix your cash flow statement in QuickBooks Desktop, @mark366.

The cash flow projection will be based on the type of account you select. The Cash Flow Statement will assume that all transactions involving current assets and liabilities pertain to operating activities. It will also account for the accumulated depreciation of fixed assets. 

In contrast, any transactions affecting fixed assets are classified as Investing activities. This category covers the disposal of long-term assets, as these transactions directly impact the cash flow.

Financing activities in a cash flow statement encompass transactions that provide funding for the business. These transactions affect long-term liabilities and equity.

I recommend running a Profit & Loss or a Balance Sheet report to verify the transactions and the accounts used since the Cash Flow statement only depends on how you record the payments received.

You can also consult an accountant to help you review if all the transactions are properly recorded. If you do not have one, you can find one using our Find a ProAdvisor portal here: https://quickbooks.intuit.com/au/find-a-proadvisor/.

Lastly, here is an article to guide you in tracking cash flows: Track your cash flow in QuickBooks Desktop.

Let me know if you have questions about the statement of cash flow in QuickBooks Desktop. I'm always here to help. Have a great day.

Thank you @Ethel_A for your response!

I ran the P&L and Balance Sheet statements.  P&L doesn't show principal payments or escrow, so not too helpful.  Balance Sheet shows all the Principal Payments under Long Term Liabilities grouped together, including the only one that is showing up under Investing Activities on the Cash Flow statement.  I've looked at the Chart of Accounts and the principal payments all seem to be set up the same way.  I don't understand why this one Principal payment is showing up on my Statement of Cash Flows.   The only thing I can think of is something is off with the accounts this Principal payment relates to regarding Cash Flow.  For example maybe because the building asset isn't set up correctly.

I used your link to search for an accountant that could help me, but there were no results.  Does that search function work?

Thanks Again!

I appreciate your prompt response and informing us that you have thoroughly reviewed your financial transactions and statements, mark366. I'll make sure to help you get an accountant to assist you further.

Yes. The search function works, but it's applicable to another region. In your case, you can visit this website to find the appropriate accountant for you. Here's how:

1. Go to this link: Find a ProAdvisor.
2. Make sure to fill in the required fields. Location, Service provided, Industry served, and Product supported.
3. You'll automatically see the available accountants located near your area.

Seeking guidance from your accountant can streamline your financial workflows and ensure accuracy in reporting. 

I've got an article where you can get more details about the statement of cash flows: The three parts of a cash flow statement. 

If you have any other concerns or follow-up questions about QuickBooks reports, please post them below, and I'll be available to assist you.

Hi @SarahannC 

Thank you for your response and help.  It seems that my issue/problem will require a professional to figure out- thank you for giving me the link for a ProAdvisor.  I will reach out to an advisor there to try to resolve.

Thanks again!

Best

I found a solution to my problem as it was really bothering me and no one seemed to know what was going on, so I googled it and searched through a lot of the results.  The answer is here:

https://www.proformative.com/blogs/ken-kaufman/2009/10/01/3-reasons-your-quickbooks-statement-cash-f...

Basically in preferences you can go in and select how you want accounts to show up on the Cash Flow Statement or not have it show up at all.

I also called Quickbooks as I thought there may have been a glitch in the system.  After waiting 40 minutes I received a call back and when I answered and was put on another brief hold no one answered or spoke for a couple of minutes and then hung up.  From reading other posts it seems like this is common.

I know respondents here are nice, but just telling someone to hire an accountant and linking to basic accounting info isn't really that helpful with Quickbook specific issues.  Also out of the three accountants I reached out to via you search portal only 2 go back with me and only 1 had an email that didn't bounce back.

I found a solution to my problem as it was really bothering me and no one seemed to know what was going on, so I googled it and searched through a lot of the results.  The answer is here:

https://www.proformative.com/blogs/ken-kaufman/2009/10/01/3-reasons-your-quickbooks-statement-cash-f...

Basically in preferences you can go in and select how you want accounts to show up on the Cash Flow Statement or not have it show up at all.

I also called Quickbooks as I thought there may have been a glitch in the system.  After waiting 40 minutes I received a call back and when I answered and was put on another brief hold no one answered or spoke for a couple of minutes and then hung up.  From reading other posts it seems like this is common.

I know respondents here are nice, but just telling someone to hire an accountant and linking to basic accounting info isn't really that helpful with Quickbook specific issues.  Also out of the three accountants I reached out to via you search portal only 2 go back with me and only 1 had an email that didn't bounce back.