The Cash Flow Statement granule eliminates the time consuming manual process of producing a cash flow statement and allows for Cash Flow entries to be used with Account Schedules and Budgets for advanced reporting.
Users define a Cash Flow Chart of Account structure within Dynamics NAV which matches the company’s cash flow reporting structure. These accounts are then linked directly to a general ledger account number.
At month end, users are able to run a process which runs through each bank account entry for the period and finds its related expense or income account based on its applied source transaction. The source transaction may be a sales, purchase or general journal transaction.
The result of this process is a cash flow statement based on the Cash flow Chart of Accounts structure, linked to the correct financial category, i.e. Operating, Investing and Financial.