General Ledger > Set Up GL Module Parameters > GL Module Setup

The Cash Flow Captions page allows you to customize the company’s line captions in the Statement of Cash Flows report and allows you to choose between two kinds of cash flow methods.

Note: If the IFRS feature was activated for the company, the Cash Flow Captions page will display generic captions that comply with the International Financial Reporting Standards; otherwise, the page will display captions that comply with the US generally accepted accounting principles (US GAAP).

To customize the cash flow captions, perform the following steps:

1. Select from either of the following cash flow methods for which you want to assign cash flow captions:

oDirect Method

Choosing this option configures AccountMate to display in the Statement of Cash Flows report the company cash outflows and inflows grouped according to the nature of the activity. This method displays the total cash received less the cash disbursed for each type of major activity to arrive at the net cash (or cash equivalents) increase or decrease during a specific period.

oIndirect Method

Choosing this option configures AccountMate to display in the Statement of Cash Flows report the net income and the adjustments for non-cash transactions to arrive at the net cash flow amount. It classifies activities into operating, investing and financing activities, shows the net cash provided by or used for each classification and its net effect on cash and cash equivalents during a specific period or range of periods.

Note: The total change in cash for a certain period and the ending cash balance will be the same for either cash flow method. The method that you choose will depend on which is most helpful to you.

2. In the Generic Captions column, click the Expand button beside a particular report group name; then, select a cash flow line item for which you want to specify a caption.

3.	Enter in the User Defined Captions column the caption that you want to assign to the selected cash flow line item. If you want to use in the Statement of Cash Flows report the caption in the Generic Captions column, leave the User Defined Caption field blank.

Cash Flow Captions Page

Cash Flow Captions Page

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