Generating a Statement of Cash Flows in QuickBooks is essential for understanding how cash has flowed into and out of your business over a specific period. The Statement of Cash Flows classifies cash transactions into three main categories: operating activities, investing activities, and financing activities. Here’s how to create a Statement of Cash Flows in both QuickBooks Online and QuickBooks Desktop:
Generating a Statement of Cash Flows in QuickBooks Online:
- Log In to QuickBooks Online:
- Open your web browser and log in to your QuickBooks Online account.
- Access Reports:
- In QuickBooks Online, click on the “Reports” tab on the left-hand sidebar.
- Search for “Statement of Cash Flows”:
- In the “Search reports” box, type “Statement of Cash Flows” and press Enter.
- Select “Statement of Cash Flows”:
- Click on “Statement of Cash Flows” from the search results.
- Customize the Report:
- Customize the report by selecting the date range for which you want to generate the Statement of Cash Flows. You can choose a preset date range or specify custom dates.
- Run the Report:
- Click the “Run Report” button to generate the Statement of Cash Flows with your chosen settings.
- Export or Print the Report:
- You can export the report to various formats like PDF or Excel or print it for further analysis or sharing.
Generating a Statement of Cash Flows in QuickBooks Desktop:
- Launch QuickBooks Desktop:
- Open QuickBooks Desktop on your computer.
- Access Reports:
- Go to the “Reports” menu in QuickBooks Desktop.
- Search for “Statement of Cash Flows”:
- In the “Reports” menu, search for “Statement of Cash Flows” using the search bar at the top of the report list.
- Select “Statement of Cash Flows”:
- Click on “Statement of Cash Flows” from the search results.
- Customize the Report:
- Customize the report by specifying the date range for which you want to generate the Statement of Cash Flows. You can also adjust other settings as needed.
- Run the Report:
- Click the “Run” button to generate the Statement of Cash Flows with your chosen settings.
- Export or Print the Report:
- You can export the report to various formats or print it for further analysis or sharing.
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The Statement of Cash Flows in QuickBooks provides valuable insights into your company’s cash flow activities, helping you monitor cash inflows and outflows related to operating, investing, and financing activities. It is a critical tool for assessing your business’s liquidity and financial stability.