Were Special Accounts ever assignable to a Cash Flow Statement category as are the Chart of Accounts? The Special Accounts in use here are for tracking investment holdings and are showing in the Operating Activities section of the report. Thanks.
Do no understand the question. Use special accounts | Manager explains that special accounts are related to balance sheet and not profit and loss. What is it that you would like to do that involves P&L?
It is not possible. You can select the cash flow group for ordinary balance sheet accounts you set up, but not control accounts and not, for example, tax liability accounts (which don’t exactly fit the standard definition of control accounts, but do keep subsidiary ledgers for individual tax codes).
I would think that the obvious example would be if a business is investing in securities (shares), as opposed to trading in securities, then the dividends declared, but not yet received would be account receivables that would need to be classified as investing activities and not operating activities.
This could be catered for by allowing selection of Cash Flow classification when creating all control accounts. Then, separate control accounts could be set up for accounts receivables - one for operating and one for investing.
The security would not be set up as a customer, but the underlying issuing company of the securities would be set up as a customer to record dividends declared by the company and receipt of the dividends in due course.
I am not sure I would agree with that. The company issuing the security is not purchasing goods or services from you; and you are providing nothing to them. The purchase of marketable securities is normally classified as an investing activity, not an operating activity (unless the company is in the business of trading securities). And the receipt of dividends on marketable securities held as investments is an investing activity.