Add Direct Method to Statement of Cash Flows reporting

As FASB’s Accounting Standards Update (ASU) 2016-14 no longer requires non-profits to present the Statement of Cash Flows using the Indirect Method, it'd be helpful to be able to pull this financial statement directly from Financial Edge financial statements with the direct method. As it currently stands, the SOCF can only be produced using the indirect method.

  • Guest
  • Oct 30 2019
  • Needs review
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  • Guest commented
    25 Nov 15:00

    The indirect method does not actually prepare a correct financial statement. PLEASE ADD THE DIRECT METHOD CASH FLOW STATEMENT ASAP.

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