Hey @faridah! The balance sheet and the cash flow statement are actually going to make sense in that they're not balanced. The balance sheet will include income from open invoices that have not been paid yet, as they're expected income that is included in that report. The cash flow report, on the other hand, will only account for funds that have been paid out entirely, not Accounts Receivable amounts.
faridah
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Hey @faridah! The balance sheet and the cash flow statement are actually going to make sense in that they're not balanced. The balance sheet will include income from open invoices that have not been paid yet, as they're expected income that is included in that report. The cash flow report, on the other hand, will only account for funds that have been paid out entirely, not Accounts Receivable amounts.
Mmm interesting to know why Cash balance on the balance sheet does not equal ending cash balance on Cash flow statement...
They must be equal. Are you using more than one currency in your company data file @faridah ?