Cash flow statement

Requirement

Financial reporting in Puerto Rico is regulated by the Financial Accounting Standards Board (FASB) and the federal Securities and Exchange Commission (SEC) with the recognized reporting framework, the Generally Accepted Accounting Principles (GAAP).

The SEC regulates the disclosure rules for public companies. Disclosure rules for private companies are controlled by GAAP.

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