Look for accounts receivable according to income and separate unpaid taxes.

See that costs should be met and inventory changes should not be ignored.

Fully adjust the related expenses first, and then find the difference later.

There are exceptions to financial expenses, so pay attention to classification.

You can directly transfer income tax and find fixed assets outside the business.

Depreciation and bad debt amortization, where to reverse offset.

What is the employee's salary? Think separately.

Explanation:

1, the first sentence refers to the cash received from the sale of goods and the provision of services. Because the direct method is based on the operating income in the income statement, it is necessary to find accounts receivable (accounts receivable, bills receivable, etc.). When we see the operating income.

The unpaid tax will be accounted for separately (the VAT of the received money will be regarded as cash flow), that is, if the actual cash is not received, the tax payable will be credited. In addition, the discount interest (which has been included in the financial expenses) generated by the discount of bills receivable will be transferred back.

If the amount of notes receivable is 654.38+10,000 yuan (if it occurs in March), it will be discounted in May, and the discount interest will be 654.38+10,000 yuan. However, from the statements at the beginning and end of the period, the notes receivable have not changed, but you have to adjust the cash flow, because the actual cash flow is 90,000 yuan.

2. The second sentence "Don't neglect inventory changes when you see the costs payable" tells you to find accounts payable when dealing with "cash paid for goods", and at the same time, consider the changes in inventory at the beginning and end of the period to see if it is related to this project and related adjustments.

3. The third sentence "adjust all related expenses first, and then find the difference" means to adjust all the amounts of "management expenses" and "operating expenses" and "other cash paid related to business activities" first. The last six items were just transferred back. These six items are: bad debt reserve, prepaid expenses, accumulated depreciation, amortization of intangible assets, salary payable to managers and welfare payable to managers (operating expenses are not adjusted).

4. The fourth sentence "There are exceptions to financial expenses, so pay attention to classification" refers to the discount interest mentioned above.

5. The fifth sentence "Income tax is directly carried forward, and fixed assets are found outside the business". Income tax is carried forward directly, and both non-operating income and non-operating expenses come from fixed assets, so it is natural to find fixed assets.

6. The sixth sentence means that these items do not affect the cash flow and can be written off.

7. Cash items paid to and for employees are special and need to be accounted for separately.

Extended content

1. There are two items that need to be adjusted when accounting for "cash received from selling goods". Discounted interest and tax payable received in financial expenses.

2. When accounting for "cash paid for purchasing goods", five items need to be adjusted. Accumulated depreciation, wages payable, welfare payable, prepaid expenses and taxes payable (input tax).

3. Six items need to be adjusted when accounting for "other cash paid related to business activities". Bad debt reserve, prepaid expenses, accumulated depreciation, salary payable to managers, welfare payable to managers, amortization of intangible assets.

Cash flow statement is a financial statement that reflects the influence of business activities, investment activities and financing activities on cash and cash equivalents in a certain period (such as monthly, quarterly or annual). The cash flow statement is a substitute for the original statement of changes in financial position or cash flow statement. It describes in detail the cash flow generated by the company's operation, investment and financing activities.

References:

Baidu Encyclopedia-Cash Flow Statement