How to review the relationships in the cash flow statement

How to review the relationship in the cash flow statement, thank you.

Legal analysis: Small-scale taxpayers do not need to declare cash flow statements, and general taxpayers need to declare cash flow statements.

Legal basis: Calculation of taxable income in Article 6 of the Individual Income Tax Law of the People's Republic of China:

1) The comprehensive income of individual residents shall be the taxable income after deducting 60,000 yuan of expenses and special deductions, special additional deductions and other deductions determined in accordance with the law in each tax year.

2) The income from wages and salaries of non-resident individuals shall be the taxable income after deducting the monthly income of 5,000 yuan; Income from remuneration for labor services, author's remuneration and royalties shall be taxable income based on the amount of each income.

3) Business income shall be the taxable income based on the balance of the total income of each tax year after deducting costs, expenses and losses.

4) Where the income from property lease does not exceed 4,000 yuan each time, 800 yuan shall be deducted from expenses; If the amount is more than 4,000 yuan, 20% of the expenses will be deducted, and the balance shall be the taxable income.

5) Income from the transfer of property shall be the taxable income after deducting the original value of the property and reasonable expenses from the income from the transfer of property.

6) Interest, dividends, bonuses and incidental income shall be taxable with the amount of each income.

Income from remuneration for labor services, author's remuneration and royalties shall be the balance of the income after deducting 20% of the expenses. The amount of income derived from author's remuneration is reduced by 70%. Individuals who donate their income to public welfare charitable undertakings such as education, poverty alleviation, and poverty relief may deduct from their taxable income if the donation amount does not exceed 30% of the taxable income declared by the taxpayer; Where it is stipulated that donations to public welfare and charitable undertakings shall be deducted in full before tax, such provisions shall prevail.

The special deductions provided for in Item 1 of the first paragraph of this Article include social insurance premiums such as basic endowment insurance, basic medical insurance, unemployment insurance, and housing provident fund paid by individual residents in accordance with the scope and standards prescribed by the state; Special additional deductions, including expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and support for the elderly, shall be determined by *** and reported to the Standing Committee of the National People's Congress for the record.

How to understand the cash flow statement? As follows:

As long as there is any cash inflow into the company, it will be expressed as a positive value on the table; If cash flows out of the company to other places, it will be expressed in a negative value.

It helps businesses know their current funding situation.

There are three main categories of subjects in the table, which are:

Cash flow from operating activities (or cash flow from operating activities), advanced flow from investment activities, cash flow from financing activities.

Therefore, as long as there is an income statement for the previous period and this period, plus two balance sheets at the beginning and end of the period, the cash flow statement can be derived. The following is the relationship between the "cash flow statement" and the "income statement, balance sheet".

The three reports are put together, interlocking, they can't be fake, and they can't be fake.

The above is the cash flow statement of "Kweichow Moutai" in the past five years. Let's take it as an example to illustrate the three parts of the cash flow statement one by one.

1. Cash flow from operating activities.

Cash flow from operating activities is based on net profit in the income statement. Depreciation expense, which is not a true cash expense, is added to the divergence amortization expense, and the "cash flow from operating activities" is calculated.

Whether a company has money or deficit money, it is clear at a glance through this indicator, such as Kweichow Moutai, which has increased year by year for five years, and in 2017, it earned 22.2 billion cash for the company from the income statement!

Conversely, if a company has a negative indicator, it can be considered that the inflow of business activities is less than the outflow, that is, the money earned by the company from selling products is not enough to cover its daily expenses.

2. Cash flow from investment activities.

In general, cash flows from investing activities are negative. From the above**, we can see that the data of Moutai in 2013 and 2017 are all negative.

So, when we see a company's cash flow from investing activities being negative, it usually means that the inflow of investing activities is less than the outflow. It can be understood that this company is optimistic about its industry and prospects, so it continues to increase its weight to meet the needs of future growth.

The first step is to find the ending and beginning of the period of monetary funds from the balance sheet (there are no other forms of cash equivalents in general enterprises), fill in the closing balance of cash and the opening balance of cash at the end of the cash flow statement, and calculate the net increase in cash and cash equivalents.

The second step is to fill in the cash flow from investment activities and cash flow from financing activities on the main table

1.In general, enterprises have no other forms of investment except for the increase or decrease of fixed assets and intangible assets, so it is enough to look at the balance sheet to analyze the fixed assets and the part of the assets without opening: if there is no change, it will not be ignored; If there is a change, see if and how much cash is involved.

If you want to have other investments, just look at other investment projects).

2.The cash flow generated by financing activities is mainly related to long-term and short-term borrowings and financial expenses, which can be filled in according to the analysis of these accounts.

The third step, after the above is done, it is now possible to squeeze out the net cash flow generated by operating activities. (According to the formula: net increase in cash and cash equivalents Net cash flow from operating activities + net cash flow from capital activities + net cash flow from financing activities).

Fourth, instead of filling in the detailed items in the cash flow generated by business activities, we should first fill in the part of the net cash flow generated by operating activities in the supplementary information below, so as to further verify the correctness of the net cash flow generated by business activities that was squeezed out earlier.

1.Most of the items in this part can be directly copied or calculated from the balance sheet and income statement (such as depreciation of fixed assets, amortization of intangible assets, decrease or increase of expenses to be amortized, etc.).

2.The trouble is how to determine the scope of operating receivables and operating payables, my experience is as follows: 1. Accounts receivable and other receivables are generally operating receivables; 2. Except for short-term borrowings and withholding expenses, the current liabilities are all operating payables.

3.Check whether the net cash flow generated by operating activities calculated from net profit is correct according to this line of thinking: if not, fine-tune the scope of operating receivables and operating payables; If it is not correct, it is also necessary to check whether there are any errors in the calculation of the cash flows from previous investment activities and the cash flows from financing activities.

If you get it right, you're done.

The fifth step is to fill in the cash flow generated by operating activities.

1.The cash received from the sale of goods and the provision of labor services (taking general taxpayers as an example) is calculated according to the main business income + main business income * 17% + (or) the change in accounts receivable. (If there is any other business income, it will also be counted).

2.The cash inflow subtotal is calculated first, and then the cash outflow subtotal is inverted.

3.Cash paid to and on behalf of employees, as well as taxes and fees paid, can be found and entered in the accounts.

4.Other cash paid in connection with operating activities Operating expenses + administrative expenses Depreciation portion The portion of unpaid cash.

5.Finally, the cash for the purchase of goods and the payment for labor services is squeezed out.

Calculation and reconciliation of cash flow statement items|：

First of all, add up the debit amount and credit amount in the working paper entry column of each item in the cash flow statement, and then subtract each other to calculate the current period of each item, and fill it in the "current period" column.

The net cash flows are then calculated according to the three categories of operating activities, investment activities and financing activities, and are entered in the column "Number of Periods".

The cash flow statement is divided into two parts: the positive statement and the attached table, the main statement is filled in according to the relevant data of the cash account and the corresponding sub-account, and the attached table is filled in according to the relevant data of the balance sheet and the profit and loss statement, and the content of each column should be consistent with its name.

In the positive table: cash flow from operating activities cash flow from investing activities cash flow from financing activities net increase in cash and cash equivalents.

The "net increase in cash and cash equivalents" in the schedule is the same as that in the main table.

The "net cash flow from operating activities" in the schedule is equal to that of the main statement.

Net operating cash flow + net investment cash flow + net financing cash flow = local currency fund balance - Shanghai currency fund balance.

In the balance sheet, the closing amount of monetary funds minus the beginning of the period must be equal to the last line of the cash flow statement. (5. Net increase in cash and cash equivalents).

If not, the description is incorrect.

1. Net cash flow from operating activities in the main table = net cash flow from operating activities in the attached table.

2. Net increase in main cash and cash equivalents = net increase in cash and cash equivalents.

The procedure for preparing the cash flow statement using the T-shaped account method is as follows:

The first step is to open separate T-shaped accounts for all non-cash items (including balance sheet items and income statement items) and transfer their respective period-end and opening changes to each account.

The second step is to open a large "cash and cash equivalents" T-shaped account, which is divided into three parts: operating activities, investment activities and financing activities, with cash inflows on the left and cash outflows on the right. As with other accounts, the change at the end of the period and the beginning of the period is included.

The third step is to analyze the increase or decrease of each non-cash item based on the income statement items and the balance sheet, and prepare adjustment entries accordingly.

The fourth step is to transfer the adjustment entries to each T-shaped account and check it, and the balance of the account after the offset of the loan should be consistent with the change at the end of the period and the beginning of the original transfer.

The fifth step is to prepare a formal cash flow statement based on the large "cash and cash equivalents" T-shaped account.

It's not so strict, when we were studying, the teacher said that 100 people will do the same monthly cash flow statement will have 99 different data, and the remaining one is an empty statement that won't do hehe.

So that's pretty much it, no one will strictly check it.

First of all, we must know that the cash flow statement is also balanced, the cash flow statement is made once a year, for example, my voucher summary is made of electronic ** on the computer (please ignore the manual accounting, slowly add it with a calculator), if it is accounting software, please export the electronic ** style, all the accounts involving the bank and cash in hand (cash and cash equivalents) this year are collected on a **, and then searched by sorting and screening (specifically related to the application of electronic **, If not, please self-study) 1. Cash flow generated by business activities: borrowing bank deposits, cash in hand, credit main business income, accounts receivable, etc., if you do not use negative numbers, use the total debit of bank + cash minus the total number of credits. The result obtained is a

2 Tax refunds are generally very small, and if there is, you will generally know where it is.

3. Receipt of other cash related to operating activities In other business income, if accounts receivable are debited and other business income is credited, then the total result of the classification is B, and C must be filled in line 2 of the cash flow statement (cash received from the sale of goods and services), and B should be filled in line 4 (cash received from other business activities) 1+2+3=4 (subtotal cash inflow from operating activities). The score is too small and there is no motivation to keep writing. Write so much first, and ask again if you don't understand, at least 50 points.