Description

Audaz now brings you an advanced Cash Flow in B1 based on the indirect method. There is still some minimal setup but no need to create and maintain a template.

The majority of companies within the U.S. use the indirect method for cash flow reporting. This method looks at sources and uses of funds to determine how cash was provided or used. There are three major sections in the statement: Operating, Investing and Financing Activities.

The standard Cash Flow in B1 is built for the direct method. You can build an indirect method report as explained in one of your YouTube videos, but, it is a tedious process to set up and maintain.  With this new report, you can get a cash flow statement for any date range within seconds. There is no need to export the trial balance and create the statement via Excel.

The new Cash Flow Statement contains the three standard groupings for the indirect cash flow statement: Operating Activities, Investing Activities, and Financing Activities.

Cash Flow Statement NOTE: This report takes data directly from the financial statements. Be sure to check the instructions as there is one user-defined field to add in order to operate this report.  This report also uses the “Category” field on the detail window of the Chart of Accounts. These two items are the only setup involved. Import the report and you have instant access to cash flow reporting.

Customizations

If you need customizations you can contact us and we will work to get exactly what you need. Audaz guarantees their reports and provides them at a fraction of the cost of developing custom reports through SAP partners or developers. We leverage our expertise to bring you a low fixed price that will beat what you find anywhere else.