Cash Flow Statement Groups

Cash Flow Statement Groups in Manager enable you to establish personalized groups that will be displayed on the Cash Flow Statement. This feature helps you organize your accounts into meaningful categories, making your cash flow reports more concise and easier to navigate.

Enabling Cash Flow Statement Groups

To set up Cash Flow Statement Groups:

1. Navigate to the Settings tab.
2. Select Cash Flow Statement Groups.

By enabling this feature, you can customize how accounts are grouped on your Cash Flow Statement.

Why Use Cash Flow Statement Groups?

If you choose not to use Cash Flow Statement Groups, the Cash Flow Statement report will display individual accounts exactly as they appear in your Chart of Accounts. This can lead to the report becoming overly lengthy and containing excessive detail, especially if you have many accounts. Such extensive detail can make the report harder to navigate and understand.

Using Cash Flow Statement Groups allows you to:

• Simplify your cash flow reports.
• Present financial information in a structured manner.
• Highlight key financial activities without unnecessary detail.

Organizing Accounts into Groups

Grouping accounts helps in summarizing related financial activities. For example:

• Expense Accounts: You might have separate accounts for telephone, printing, computer equipment, etc.
• Grouping Example: These can all be grouped under a common group named Payments to Suppliers.

By doing this, the Cash Flow Statement will display the total payments to suppliers instead of listing each individual expense account.

Assigning Accounts to Groups

To assign your accounts to Cash Flow Statement Groups:

1. Go to the Chart of Accounts.
2. Edit each account you wish to include in a group.
3. In the account's edit screen, a new field will appear.
4. Select the appropriate group for the specific account from this field.

Repeat these steps for each account you want to organize into a group. This ensures your Cash Flow Statement reflects the grouped accounts as intended.

Benefits of Using Cash Flow Statement Groups

• Enhanced Clarity: By grouping related accounts, readers can quickly grasp the main financial activities.
• Reduced Clutter: Eliminates excessive detail that can overwhelm users.
• Efficient Analysis: Facilitates better analysis and decision-making by highlighting key cash flow areas.

Conclusion

Organizing your Cash Flow Statement using groups streamlines your financial reporting and enhances the readability of your cash flow information. By setting up Cash Flow Statement Groups in Manager, you can present a clear and concise view of your organization's cash movements.