Draftworx allows the option of selecting an Indirect or Direct Statement of Cash flows. You can make the selection in Client Setup:
Make your selection here:
Indirect example:
Direct example:
Note the Tips for cash flow completion section at the bottom:
For example:
A vehicle was acquired for R1 974 155 during the year. We would manually add it to Additions (this process can be automated; please see the Smartdocs article):
You will notice that this addition is automatically displayed in your statement:
There also input cells available for any rounding corrections and adjustments:
Your Statement of Cash Flows is in balance when there are no balances in your Difference cells (Differences are also displayed on the Status page):
