How to set up GL Cash Flow Groups

Why Cash Flow Groups?

If you give each GL account a proper Cash Flow group you will be able to print the Statement of Cash Flows report to track where your cash is coming from

There are four basic Cash Flow groups:

• Cash - Any liquid assets, such as your bank accounts.
• Investing - Any business held investments or investments by owners into the business.
• Financing - Any financing activities, such as loans to the business, credit cards, or credit lines.
• Operating - Any accounts used in the operation of your business, such as income, expense, cogs, A/R, A/P, and inventory. (Note: The vast majority of your GL accounts will have this Cash Flow Group).

• Open up your Chart of Account form.
• Select the account you want to edit by clicking on it.
• Click the Edit button.
• In the Cash Flow Group field, select the Cash Flow Group from the drop down menu.