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Why does my Cash Flow Statement not balance?

Article ID
ias-5917
Article Name
Why does my Cash Flow Statement not balance?
Created Date
7th April 2008
Product
IRIS Accounts Production
Problem
Why does my Cash Flow Statement not balance?
Resolution
Within Accounts Production; the preparation of a Cash Flow Statement is very much user specific. The Cash Flow Statement is simply produced from postings made by a user in completion of the year/period trial balance and can be adjusted via the Cash Flow Statement data screens. Note: Not all postings will be accounted for due to the variety of uses for a large number of accounts. As a result when an annual report is produced it is often found that the Cash Flow Statement does not balance. A page will be produced at the end of the Cash Flow Statement showing an error between Increase/Decrease in Cash and Analysis of Net Debt. This difference could be made up of many cash movements that IRIS was unable to determine the use of. It is the users/accountants responsibility to understand the meaning of their client’s figures and to calculate the missing cash movement needed to adjust and balance the Cash Flow Statement. The cash differences should then be entered via Edit | Data Screens | Cash Flow Statement into the appropriate data screens. Alternatively postings may need to be amended. Note: An exception report may also be produced. This will state entries that MUST be made into the data screens (Debtors and Creditors) in respect of the Cash Flow Statement. In order to help find the required movements select Reports | Multiple Year Trial Balance. This report should then be used in conjunction with the Cash Flow Statement Fact Sheet and Interactive Example Report, of which can be found within Accounts Production via Help | Help | Quick Guides | Cash Flow Statement and Help | Help | Example Reports | Interactive Example Reports | Cash Flow Statement respectively.

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