Question
What is your experiences with cash flow statement? how is a cash flow statement generated?
Answers
Cash Flow statement is a generate income, not the invoices. there are two types of cashflow
1) Inflow:
eg. if you received cash from your credit customers, you will decrease your debtors and it's become inflow to your cashflow statement. Therefore, it's mean that whenever u received in cash that is called inflow.
2) Outflow:
eg. if you made a payment to your suppliers, you will decrease your creditors and it's outflow, therefore decrease in creditor is outflow.   Your Comment




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