A cash flow statement is about documenting where the money is going in your business and whether you’re making a profit or suffering a loss. Small Business Trends contacted a variety of experts to get the lowdown on how to calculate cash flow and prepare a cash flow statement which combines the numbers from any financing, operations and investing your business does.
It’s important to know how to calculate the cash flow first off. This is a building block and having accurate information here means the final statement will be credible. Christal Bemont, Senior Vice President and General Manager of Global SMB at SAP Concur, weighed in via email to underline how important getting this right is:
