Cash Flow Statement Groups allow you to organize accounts into meaningful categories on your cash flow statement, making it easier to understand and analyze your cash flows.
Without cash flow statement groups, the report displays individual accounts exactly as they appear in your chart of accounts. This can result in a lengthy report with excessive detail that becomes difficult to read and analyze.
By grouping related accounts together, you can create a more concise and meaningful cash flow statement. For example, expense accounts such as telephone, printing, and computer equipment can all be grouped under a common category like "Payments to suppliers".
To create cash flow statement groups, go to the Settings tab and click Cash Flow Statement Groups.
After creating groups, navigate to Chart of Accounts and edit each account. A new field will appear where you can select which cash flow statement group the account belongs to.