The cash flow statement in Odoo shows how money flows in and out of your business. With the right settings the report updates itself automatically. In this article we explain how the statement is put together and how to use account tags.
How the cash flow statement is structured
Under Accounting → Reporting → Cash Flow Statement you will find, among other things:
- the opening balance (bank and cash);
- cash flows from operating activities (customer payments, supplier payments);
- investing activities and extraordinary activities;
- the closing balance.
Only posted entries are included; drafts are not.
Account tags
Account tags (in Odoo: Tags on an account) determine which part of the report a transaction ends up in:
- Operating — day-to-day revenue and costs;
- Investing — the purchase and sale of assets;
- Financing — loans, capital and dividends.
Without the right tags, amounts go missing or end up in the wrong block. Set tags via the chart of accounts (Accounting → Configuration → Chart of Accounts): open an account and pick the appropriate tag in the Tags field.
In practice
Reconcile your bank and cash accounts regularly, give accounts clear names and use payment reminders. That is the only way to keep your cash flow statement reliable. We are happy to help you set up Odoo Accounting and its reports.