Income Tax || Cash Flow Statement preparation procedure.
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.
(a) To import trial balance form tally Click Here.
(b) To Import trial balance from busy Click Here.
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:
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.
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