Overview
The Cash Flow Statement Groups feature in Manager allows you to organize accounts into personalized categories within your Cash Flow Statement report. Using settings within Manager, you can create custom groups to consolidate related accounts, improving readability and clarity of your financial information.
Why Use Cash Flow Statement Groups?
Without Cash Flow Statement Groups, Manager by default will display accounts individually on the Cash Flow Statement exactly as you see them in your Chart of Accounts. When there are numerous accounts, this can make the statement excessively detailed and difficult to navigate.
For improved clarity, consider organizing multiple related accounts into groups. For instance, expense accounts like telephone, printing, and computer equipment can be grouped under a single category titled "Payments to suppliers."
Creating Your Cash Flow Statement Groups
To start organizing your accounts into custom groups:
- Go to the Settings tab and select Cash Flow Statement Groups.
- Create personalized groups based on your reporting needs.
- Once you've set up these groups, navigate to your Chart of Accounts.
- Edit each account you wish to group. You'll notice a new field available, enabling you to assign the account to an appropriate Cash Flow Statement Group.
Using these groups simplifies your financial reporting and helps keep your Cash Flow Statement concise, organized, and easier to interpret.