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Cash Flow statement_hhtp://24ivalue.com

My cash flow adventures

Publication date: 2014-01-23 12:07:24

Exactly yesterday at this time I sat on a statement of cash flows. Apparently I was preparing cash flow probably the thousandth time, and the case should be simple, but something was not right. It took two hours despite the company was simple but the calculation seemed non-understandably difficult. It was to be a piece of cake and manual calculation calculator should be OK. However, I gave up at some point. Normally doubted my abilities! But , I decided to go to http://24ivalue.com/ on your account and make calculations with the use of what he came up with yet . Probably already forgotten why we created this system ... After 15 minutes cash flow statement was ready and it is true ... I printed ready statement and checked where the problem with the previous calculation occurred. I found it! The reason was that there were two changes in the balance placed with the wrong sign. The classic problems with this statement, isn?t it? The amounts were OK , but this .... sign was NOT. Probably a lot of other people will meet the same problem as I did, and it happens each year-end closing?

Feel free also to check http://24ivalue.com/pages/elearning/book/3/page/4/ training page, which is given a quick way to prepare cash flow outside the 24easyaudit system. If someone wants, should try this method but rather only with easy charts. When you have more and some non-routine transactions , it is better to use something more expert.


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