Cash Flow Statement is also an important component of the financial statement is an accounting statement which shows inflow and outflow of the cash. BenchStep ERP provides a wide range of financial statistics to assist you in valuing your company's profit. The cash flow statement is one of the most useful tools for this type of analysis.
A cash flow statement, commonly known as a statement of cash flows in BenchStep ERP. It's a financial statement that demonstrates how cash and cash equivalents are affected by changes in balance sheet accounts and income. And it examines how operating, investing, and financing actions affect them.
The cash flow statement (CFS) details the amount of cash and cash equivalents entering and leaving a firm and supplements the balance sheet and income statement. It has been a required part of a company's financial reports since 1987. Investors can use the CFS to understand how a company's operations work, where its money comes from, and how it is spent.