Cash flow statement

Requirement

All registered companies must produce an annual return, which includes a cash flow statement that must be sent to the government.

In this country, no specific layout is required by law for this report. The report must be presented in accordance with the Indian Accounting Standards:

• Public companies can report according to IFRS standards, but most follow the new Tier 1 Indian Accounting Standards (Ind AS).
• Private companies and SMEs report according to existing Tier 2 Ind AS. These standards are developed by the Institute of Chartered Accountants of India (ICAI) and approved by the government.

The various alternatives of the financial statements in these three standards can be produced with the Report Generator in M3 Financials.

M3 solution

With the M3 Financial Report Generator module (RGR), any type of official report can be formatted and produced from M3 General Ledger. The same reports can also be saved and used to provide the same information as an M3 online enquiry.

Configuration guidelines

Program ID	Program name	Description or comment
RGR Module	Report Generator	As for the Profit and Loss report