I’m seeing an error in the Cash Flow Statement in Bright Accounts Production — how do I fix it?

If you're seeing an Accounting Disclosure Error related to the Cash Flow Statement in Bright AP, it typically means the figures in the cash flow note do not reconcile correctly with the financial statements.

Steps to resolve it:

1. Run the Cash Flow Reconciliation Report
   • Go to Reports > Cash Flow Reconciliation.
   • This will highlight discrepancies between the cash flow and other areas (e.g. tax, depreciation, loan movements).
2. Check for Rounding Issues or Mispostings
   • Ensure nominal codes for depreciation, tax, and loan repayments are consistent across:
     • Profit & Loss
     • Balance Sheet
     • Cash Flow Statement
   • Minor rounding differences (e.g. €1) are common culprits.
3. Post an Adjustment (if needed)
   • If the discrepancy is small, post a small journal (e.g. for €1) to balance the cash flow.
4. Reproduce the Accounts
   • After correcting the issue, go to Produce Accounts and regenerate the set.
   • This clears the disclosure error and updates all linked figures.

Need further help? Refer to the Bright AP guide: "Accounting & Disclosure Error: Cash Flow Statement"