Why can't I generate monthly cash flow statements similar to monthly balance sheets and monthly P&L statements for a period of time?
The cash flow statement is one of the three necessary statements to meet GAAP requirements. It is a basic statement with very valuable information. Being able to see your cash flow on a month to month basis is basic information needed to manage your business.
You're able to use different reports and projections to get a clear look at your current and future business's finances in QuickBooks Desktop (QBDT). You can pull up the Profit & Loss report to get your average income and expenses for each month. With this, you can also monitor the money moving in and out of your business and bank account.
Go to the Reports menu.
Choose Company & Financial, then select the Profit & Loss report you want (i.e. Profit & Loss Detail).
Select the Customize Report button to set the dates and other necessary details.
For the complete list of financial reports that the QBDT program offers, kindly refer to this article: Understand reports.
Additionally, here's an article that'll guide you in preparing and analyzing a statement of cash flows in QBDT: Cash flow management. It explains how financial reports are connected and indirect methods.
You can count on me whenever you have other concerns or follow-up financial report inquiries. I'm just around to help. Take care always.