I have encountered an issue where the cash amount at the end of a period in the Cash Flow Statement does not match the amount listed on the corresponding Balance Sheet.
To demonstrate, I created a test company with a few transactions, with the reports below:
I believe the issue is the Currency Gains/Losses. If they are not added back in the Cash Flow Statement, the Net Increase in Cash Held becomes:
177,000 - 47,500 - 33,250 = 96,250
(Net Income - Change in AR - Change in Inventory = Net Increase in Cash)
…which matches the Balance Sheet cash figure.
Is this a bug?