What movements should be checked when my Cash Flow Statement doesn't balance?

kba-02151

What movements should be checked when my Cash Flow Statement doesn't balance?

7th April 2008

What movements should be checked when my Cash Flow Statement doesn't balance?

The following are examples of movements that may not be included within the Cash Flow Statement when first produced:

Loans (Accounts 839-898)

Amounts Owed by/to Group Undertakings (Accounts 715-723)

Exceptional Items (Accounts 400-404)

Depreciation (Accounts Various – when Profit & Loss & Balance Sheet double entry does not agree)

Directors Current/Loan Accounts (Accounts 727-728 – when postings have been made incorrectly i.e. not consistently using movements)

Reserves (Accounts 969/972 – when double entry postings have been made incorrectly).

Taxation (when Profit & Loss & Balance Sheet double entry does not agree)

As mentioned in other Knowledge Base items, cash movements are very much user specific. If postings have been made incorrectly it is down to the user to understand the clients’ figures enough that they can identify what is missing when the Cash Flow Statement is produced and adjust accordingly.

Adjustments can be made on most cash movements via the Cash Flow Statement data screens. Alternatively postings may need to be amended.

Further guidance with respect to Cash Flow can be found within the following: Cash Flow Statement Fact Sheet (which lists items for consideration) and Interactive Example Report (which indicates where each figure on the Cash Flow Statement resides from), both 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.