In this video, Mattias Elfgren describes the importance of calculating cash flow at every year-end and quarterly financial statement, based on the indirect method. He provides four important tips for doing this in a simple and effective way. Always enter debit balances as positives and credit balances as negatives. Include extra accounts in the income statement and balance sheet. Work with two Excel sheets and use the SUMIF formula. Start by booking out group accounting technical exchange rate differences The company, Tiego, offers an Excel model that they are happy to share with interested customers, which does not require the use of their software, to help accountants with their cash flow in financial statements.