Cash Flow Analysis - Understanding The Statement Of Cash Flows

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Index

01:39 Video begins with reports

03:15 Every business functions on accrual basis

03:59 What happens in the reports when posting a transaction

04:20 Creating an invoice

05:05 Shows on receivables in P&L , net income on Balance Sheet

05:30 Statement of cash flows reconciles income to cash

06:30 Reason for no money in the bank

06:58 Creating a bank account first before receiving payment

07:14 Receiving a payment

08:29 Running statement of cash flows

09:42 Make deposits

10:20 Deposit shows it on the equity statement in P&L

10:40 How the payment affects the cash flow

11:15 Getting a loan from the bank

12:32 Pay down the loan

12:43 How 12:32 affects the balance sheet and statement of cash flows

13:45 Explaining the results on the reports

14:23 What is important to understand?

15:45 Understanding to getting the correct reconciliation

17:13 How to contact Seth if you have any questions

18:00 Explaining what will be covered in Seth's webinar

This content is for information purposes only and should not be considered legal, accounting or tax advice, or a substitute for obtaining such advice specific to your business. Additional information and exceptions may apply. Applicable laws may vary by state or locality. No assurance is given that the information is comprehensive in its coverage or that it is suitable in dealing with a customer’s particular situation. Nerd Enterprises, Inc. does not have any responsibility for updating or revising any information presented herein. Accordingly, the information provided should not be relied upon as a substitute for independent research. Nerd Enterprises, Inc. does not warrant that the material contained herein will continue to be accurate, nor that it is completely free of errors when published. Readers and viewers should verify statements before relying on them.

[flowingwithfaith]

I really appreciate this "lecture" I didn't think you went too fast at all. For me this was the perfect speed. You were able to get all your information in and do so in a timely manner so that we don't start falling sleep at the computer. Good information too, currently my class is passing around this video at an alarming rate! Great job! Oh, and I do like the personal touch of being able to see you. I don't know what it is, but somehow it helps. Thanks again, be blessed.

[nerdenterprises]

Thank you Maria! I enjoy helping people!

[chrisinmans]

You produce some really good content. Thanks

[nerdenterprises]

Thanks for the feedback guys! I do get very mixed feedback about my speed. Some say I am too fast and others say they like it.

Looking at this video I honestly don't see how this is "fast." I start with blank financials and walk through the transactions and how they affect the financials as you post! The SCF can be complex and many people get lost on it. As I say in the video you really have to understand the others before you can get into this one!

[nerdenterprises]

Les Ordway The gain or loss will flow into the net income on the P&L. That will be part of the reconciliation from net income to cash. In other words, you won't really see anything in the SCF, other than the gain or loss is reflected in the NI. Unless the proceeds are sitting in accounts receivable in which case the impact would be there in the change to accounts receivable. I hope that helps.

[pirlosful]

Hi, thank you for this video. Why the loans payable is not in the financing activities section, knowing that it's a debt ?

[nerdenterprises]

Thanks Faith! Please encourage your classmates to ask any questions they may have and I would be happy to answer them.

[chrisinmans]

2 quick questions. And maybe not the place but here it goes anyway. I used to you enterprise edition any major differences in what you are showing in the editions?

[nerdenterprises]

Cash Flow Analysis - Understanding The Statement Of Cash Flows Part 1

[popdaskittles]

I would be one of those people. Thanks!

[nerdenterprises]

*Understanding The Statement of Cash Flows Part 1*

[nerdenterprises]

Not for this purpose. The statement of Cash Flows and other financial statements are still going to work the same regardless of which edition you're in.

[ecosystems]

Show what happens with the Cash Flow Statement when you sell a fixed asset at a gain or loss.

[nerdenterprises]

Most people tell me the like seeing me in the video. That it offers a nice personal touch! Sorry you don't agree.

[miabubakeryou]

Please recreate your lecture understandable to others.

[rexx]

Dude, I usually check out your lessons, and I like you, However, Mohammad is right. Though, I think you are just a very, very busy guy trying to do your videos which probably explains the speed. Nevertheless, this is very good input. Be well.

[miabubakeryou]

Hello Sir mnerdenterprises, please be informed that you are going very fast therefore your lectures are difficult to understand, please see other videos i.e.susan crosson accounting and you can understand how to give slow, smoth and very clear lectures.

[petertunkey]

Dude - don't really need or want to be looking at YOU - just the content...no offense, just sayin'