Cash FLow Statement

Maita

Hi everybody,

Have anyone try to create a Cash Flow Statement on Account Schedule.

There are 2 ways on preparing cash flow a direct method which is based on Bank Accounts and the Indirect method which is based on the cash movement on certain accounts.

The Direct way I worked it by creating Dimensions, so each time there is a cash transaction the user will need to insert dimension to specify the type of transaction - for example Payments to Vendor, Receipt from Customers, Payments for Fixed Asset and so on.

But for the indirect method it is based for example on Fixed Asset all Acquisition or Disposal of Fixed Assets. And so on.

Can anyone help me please.

nunomaia

Using dimension it’s a good way to solve problems using the standard. In the indirect way you can split the char of accounts to have more detailed information, so you can get the correct information using the Account Schedules.

In the Portuguese localization of NAV, Microsoft added an extra field, so you can mark the movement by is type, instead of using dimensions.