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mahm-prof-gmail-
Level 1

Can I do the cash flow in both ways direct and indirect methods?

 
1 Comment 1
Kevin_C
QuickBooks Team

Can I do the cash flow in both ways direct and indirect methods?

Thanks for reaching out to us, Mahm. I'm here to share some information about the available methods of statement of cash flow in QuickBooks Online (QBO).

 

Currently, QBO uses the indirect method for the built-in feature for the Statement of Cash Flow. While there is no way to change the calculation preferences, you can run the Statement of Cash Flow report and export it to Excel. From there, manually set up a calculation flow in the meantime.

 

Furthermore, you can download a sample cash flow statement template from this page to manually prepare your report using the direct method. Refer to this article to learn about the complete process: A Guide to Cash Flow Statements with Template (Direct vs. Indirect Method)

 

Alternatively, you can run Profit & Loss and Balance Sheet on a cash basis for your other data references. You can also customise your reports to ensure you'll obtain the most important financial data.

 

You can always get back to us in this thread if you have further questions or concerns. I'm more than willing to assist. Stay safe.