Cash Flow Statement preparation procedure
![](//img.zohostatic.com/zde/static/images/info.png)
Cash Flow Statement preparation procedure
To generate cash flow statement you have to enter trial balance first. You can manually add trial balance in the software or import it from tally/busy/excel.
Step 1: Open the Income Tax software - Go into Transactions → Balance sheet → Trial Balance option given in the menu bar. and fill trial balance.
Step 2: Now Go into Transactions → Balance sheet → Cash Flow
Here you will see that the cash flow statement is Prepared as per your trial balance data.
Hope this Helps
Related Articles
Income Tax || Auditor Information
Navigate to "Transactions" → "Auditor Information". Enter Tax Audit Information: Financial Statement and Audit Report: Choose the format for Balance Sheet and Profit & Loss account (Vertical or Horizontal). Specify whether Tax Audit under section ...
Income Tax || How to Import Trial Balance from BUSY Software
Please export the Excel sheet using BUSY Software. Follow the steps below to export the BUSY Excel file: Export all the data successfully. Import the exported data into the Trial Balance. To import the data, navigate to Transactions → Balance sheet → ...
Income Tax Auditor manual updation
If the client is using Spectrum software but wishes to update only the Income Tax Auditor, then: To resolve the error, please follow the steps provided below: Step 1: Navigate to the root location of the software, which can be either "C:\Program ...
eXBace || Validation Error Regarding: "Cash And Cash Equivalents"
eXBace Validation error “element cashandcashequivalents : specified value = x: Expected Value = y:” Troubleshoot: The value of Cash And Cash Equivalents, Should be same in cash flow statement (direct/indirect) table and subclassification (Notes to ...
ZenIT || Previous year figures do not appear in the Balance Sheet and Profit & Loss statements
Previous year figures do not appear in the Balance Sheet and Profit & Loss statements To solve this problem, please follow the steps given below. First of all, you have to ensure that you have entered the data in the previous year. Go into ...