Review of internal control processes
23:59 WorkTiles AB
Flow
Cash flow
The cash flow statement, built as you close. Tied to the balance sheet by construction.
WorkTiles holds the structure of your cash flow statement - direct or indirect, single entity or consolidated. As reconciliations land, the statement auto-populates. As balances change, the working capital movements update. No reconstruction at month-end.
Cash flow analysis
| Account | Name | Δ Balance | Cash impact |
|---|---|---|---|
| Cash flow from operating activities | |||
| Working capital - receivables | |||
| 1510 | Accounts receivable | -485,105 | +485,105 |
| 1515 | Doubtful receivables | +114,415 | -114,415 |
| 1560 | Accounts receivable, group | -902,383 | +902,383 |
| 1610 | Advances to staff | +15,422 | -15,422 |
| 1630 | Tax settlement account | +128,402 | -128,402 |
| Subtotal | +1,129,249 | ||
| Working capital - other assets | |||
| 1410 | Inventory | +182,500 | -182,500 |
| 1711 | Prepaid rent | +93,330 | -93,330 |
| 1731 | Prepaid insurance premiums | +10,972 | -10,972 |
| Subtotal | -286,802 | ||
| Working capital - payables | |||
| 2440 | Accounts payable | +612,400 | +612,400 |
| 2510 | Tax liability, current | +45,200 | +45,200 |
| 2920 | Accrued holiday pay | +22,800 | +22,800 |
| Subtotal | +680,400 | ||
| Cash flow from operating activities | +1,522,847 | ||
Cash flow built from the same trial balance - every account that moved, the cash impact, validated against the balance sheet.
The work
How this flow runs in WorkTiles
- 01
Choose direct or indirect - once
Configure your cash flow methodology against your chart of accounts. Direct, indirect, or both for comparison. The structure persists; you don't rebuild it every period.
- 02
The statement auto-populates from the close
As reconciliations land, balance sheet movements feed the operating, investing, and financing sections automatically. The cash flow statement reflects the latest signed-off numbers in real time.
- 03
Non-cash adjustments are explicit
Depreciation, amortization, FX gains, deferred tax - non-cash items are flagged and adjusted in the indirect method automatically. Every adjustment is traceable to its source line.
- 04
Working capital movements explain themselves
Changes in receivables, payables, inventory, and accruals come straight from the reconciled balances. Click into any line and see the period-over-period delta and the underlying accounts.
- 05
Cash flow ties to the close package
When the period locks, the cash flow statement is part of the close package - already reconciled to the balance sheet, already explained, already signed off.
Why WorkTiles
What's different about running it here
No reconstruction at month-end
Most teams rebuild cash flow in a spreadsheet at the end of the close. WorkTiles builds it as you reconcile, so it's ready when the period locks.
Ties to the balance sheet automatically
Movements in the cash flow tie to movements in the BS - by construction. No reconciling differences, no manual ties, no auditor questions about why the cash position doesn't match.
Direct and indirect from the same data
Run direct for management, indirect for the auditor, or both side by side. Same trial balance, two presentations, one signoff.
Group cash flow when you need it
Cash flow consolidates across entities the same way the balance sheet does - eliminations applied, FX translated, working capital aggregated.
Run finance with less friction.
And more control.
Book a 30-minute demo. We'll show you the close, the recurring work, and how onboarding actually goes.