I'm here to share details about the Statement of Cash Flow report in QuickBooks Online (QBO), ekaregam.
QBO reports are dependent on the transactions you've entered and the accounts linked with them.
The Cash Flow Statement provides comprehensive data on all cash inflows a company receives from its ongoing operations and external investment sources. It also encompasses all cash outflows that fund business activities and investments over a specific period, reflecting operating, investing, and financing activities.
The inflow from financing activities represents funds obtained through borrowing and the proceeds from selling your company's securities. The outflow includes debt service and dividend payments. Operating activities pertain to the daily management of a business. For example, Centerfield experiences cash inflows from customer payments and cash outflows for purchasing materials and funding payroll.
If you want to make any changes to your accounts (account and detail types), I highly recommend working with a professional accountant. This way, we can ensure that your records are safe and accurate.
Moreover, I'm adding these links for additional information about the statement of cash flows:
Please keep me posted if you have any other questions about QuickBooks or cash flows. I'm more than happy to help.
