Configuring Cash Flow
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Ensure that the Cash Flow Group Accounts business object has been
configured.
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Select and click Configure.
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Specify this information:
- Currency Differences Cash Flow
- Select the cash flow group account for posting the total
system generated currency translation differences. The differences
result from the comparison of local currency values with the
retranslation of values into the group currency. The retranslation
is made on the basis of the balance sheet exchange rate. The
comparison happens after the local cash flow is reconciled and
calculated into the group currency. You can select any of the cash
flow group accounts. We recommend that you set up this account with
the name Currency Translation Differences.
This account is also used in the Budgeting & Planning
module.
- Net increase/decrease in Cash and Cash
Equivalents
- Select the cash flow group account for the total increase
or decrease in cash and cash equivalents. You can select any of the
cash flow group accounts. We recommend that you set up this account
with the name Net increase/decrease in Cash and Cash
Equivalents. In the hierarchy, this account is
usually directly under the top account, which represents the cash
result at the end of a period. The net increase or decrease in cash
and cash equivalents account is also used in the Budgeting & Planning module.
- Opening Balance Cash Flow
- Select the cash flow group account to which the opening balance of cash and cash
equivalents is carried forward. You can select any of the cash flow
group accounts. We recommend that you set up this account with the
name Cash at the Beginning of the period.
This account is usually at the same hierarchy level as the account
that represents the net increase or decrease in cash and cash
equivalents. Cash flow is based on the YTD data. Therefore, the
amount in the Cash at the Beginning of the period account is always
the same for every YTD period within the fiscal year. The opening
balance cash flow account is also used in the Budgeting & Planning module.
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Click Save.