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Statement of Cash Flows

GAAP-based cash flow reporting can be somewhat complex, as significant and unusual business transactions may occur between the close of one accounting period and the next. The statement of cash flows designed for eTEK provides you with the ability to easily and quickly enter significant transactions that would not normally or routinely be generated automatically for you when you close a period and run your final balance sheet and operating statement. You will need to make sure at the close of each period, before running your statement of cash flows, that you have correctly entered any transactions that could affect the net increase or decrease in cash & cash equivalents. Saying the obvious, the system only knows what you tell it for any and all transactions that do not flow automatically from your general ledger, balance sheet and income statement - after you initially set-up various default G/L cash accounts in your organization profile under the System Utilities Module. 

Please note that in each screen used for setting up your statement of cash flows report, the grayed-out fields tell you that the data in this field is calculated automatically elsewhere in your system and/or through the calculations required to arrive at your net increase or decrease in cash and cash equivalents. Fields that are white are data entry fields in which you are expected to enter either zero or the correct value.

Specific instructions are organized by tab and field as follows:

"Ribbon" Field Instruction/Explanation 
Cash Flow Net Income This value comes automatically from your operating statement (NOTE: This tab is where you select the period end date for your cash flow report. This tab is also where you print your report. When you click on the print command you will be first be able to pre-view the report before selecting the print icon on your top Module to actually print the report). 
Adjustments to Net Income As shown on the screen, this value flows from the Operating Activities "Ribbon". 
Net Cash From Operating Activities This is the sum of the above two fields. 
Net Cash From Investing Activities As shown on the screen, this value flows from the Investing Activities "Ribbon". 
Net Cash From Financing Activities As shown on the screen, this value flows from the Financing Activities "Ribbon". 
Net Increase (Decrease) In Cash & Cash Equivalents This is the sum of Net Cash From Operating Activities Plus Investing and Financing Activities. 
Cash & Cash Equivalents at Beginning of Period Please enter the correct value depending upon your previous periods ending value. 
Cash & Cash Equivalents at End of Period This is the sum of the previous two fields. 
Operating Activities All Fields Except Undistributed Earnings Flow from other tabs or are calculated elsewhere in the system. 
Undistributed Earnings Enter the correct value. 
Investing Activities All Fields Flow from other tabs or are calculated elsewhere in the system. 
Financing Activities All Fields Flow from other tabs or are calculated elsewhere in the system. 
Assets Purchased Date Purchased Enter the date you acquired the asset described. 
Description of The Asset Purchased Describe the asset in a manner you want disclosed in your financial report. 
Increase in A/R Enter the correct amount as appropriate. 
Increase in Inventory Enter the correct amount as appropriate. 
Increase in A/P Enter the correct amount as appropriate. This should include accrued expenses. 
Companies Purchased Date Purchased Enter the correct closing date. 
Name of Organization Purchased Enter the name the way you want it printed on your report. 
Net of Cash Acquired Enter the correct amount.