NetCash Direct Cash Flow Statement
OVERVIEW
With NetCash users can generate a Direct Cash Flow Statement for any account and period. The Direct Cash Flow Report uses default mapping for cash transactions and can be easily customized by users. The Report uses the entity on each GL cash transaction to map transactions to the proper Cash Flow Section and Subsection. Below is a walkthrough of how to set up this report.
Transactions will only be included in the Direct Cash Flow Statement after they have been matched in NetCash. If there are any differences in the Beginning and Ending Cash balance it is likely because a transaction has not been matched.
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STEP BY STEP PROCESS
Navigate to NetCash > Reports > Direct Cash Flow
On the Direct Cash Flow report page, select the desired Subsidiaries, Accounts, and Period:
Report will update automatically once selections have been made. By default, the following will appear:
Transactions with a customer entity mapped to Cash Receipts from Customers
Transactions with a vendor entity mapped to Cash Paid to Suppliers
Transactions with no entity mapped to Cash Paid to Unknown Entities
Transactions between subsidiaries mapped to Cash Transferred To/From Other Subsidiary
The report by default will be in the Summarized View. This view will only expand to the vendor level.
If additional details are desired, the Detailed View should be selected. This view will allow each section to be expanded and transaction level detail reviewed.
To change the view select the View Button on the top of the screen:
CUSTOMIZATION
Section Customization
- To customize the sections in the report, navigate to NetCash > Setup > Direct Cash Flow Sections
- The three out of the box sections will appear
- To add additional sections, select New+
- To enable the reordering of sections, select Enable Reorder
- To add additional sections, select New+
Subsection Customization
- To customize the subsections in the report, navigate to NetCash > Setup > Direct Cash Flow Subsections
- The out of the box subsections will appear
- To add additional subsections, select New+
- To enable the reordering of subsections, select Enable Reorder
- To add additional subsections, select New+
Entity Customization
- To customize the entities in the report, navigate to NetCash > Setup > Entity Mapping
- NetCash defaults mapping for entities, however, updates can be made by selecting the New Row button on this page:
- Select the desired Inflow Subsection and Outflow Subsection
- To save select the Green Checkmark
Transaction Customization
- For unique and non-frequent transactions, the user may not want to create a new Vendor or Customer, these can instead be mapped by navigating to the transaction and specifying a subsection in the column NetCash Direct Cash Flow Subsection Override:
- Once the desired subsection has been chosen, select Save