Statement of Cash Flows

ring130 · ‎January 18, 2019

Our church (non-profit) transfers $3,000/ month from checking to our savings accounts. QBO does NOT show those transactions in the Statement of Cash Flows, but DOES accuratley report the growing Savings account balance with each transfer on the "Statement of Financial Postion" report. The checking account and savings account transactions match and both accounts reconcile perfectly. QUESTION: Should the "Statement of Cash Flows" report the transfers?

AlcaeusF · ‎January 18, 2019

Hello there, ring130.

I'm here to provide additional clarification about the Statement of Cash Flows report.

This report only shows the amount of cash you earn from profit and what you spent. Doing bank transfers from your Checkings to Savings will not show the transaction in the report.

For additional insight into the report, I'm adding an article that I recommend:

How to run a Statement of Cash Flows.

Please don't hesitate to come here with all of your QuickBooks needs. The Community is here to ensure your success.

Topics

Training

Community

Resources

Statement of Cash Flows

Statement of Cash Flows

Need to get in touch?