Draft an accrual-to-cash adjusted Statement of Cash Flows to support an S-corporation’s Form 1120S Schedule M-1 reconciliation at year-end

Generate draft an accrual-to-cash adjusted statement of cash flows to support an s-corporation’s form 1120s schedule m-1 reconciliation at year-end for Accounting, Tax Preparation, Bookkeeping, and Payroll Services industry

Accounting, Tax Preparation, Bookkeeping, and Payroll Services

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Allowed: PDF

Max size: 30MB

Upload the current-year Form 1120S including Schedule K-1s, supporting statements, and preparer's notes. This drives the line-by-line accrual-to-cash mapping.

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Allowed: CSV, XLSX, XLSM, QBW, TXT

Max size: 50MB

GL detail, trial balance, or AR/AP aging exports from QuickBooks, Xero, or ERP. Acceptable formats include .csv, .xlsx, or .qbw backups.
Select the depth of reconciliation required for Schedule M-1 disclosure and cash-flow accuracy optimization.
Indicate how the entity currently recognizes revenue under GAAP/book basis so accrual reversals can be aligned with §448 cash method elections.
Choose the cutoff date for reversing unearned revenue balances to cash receipts for year-end M-1 presentation.
Select the categories of book-tax differences that must be explicitly itemized on Schedule M-1 and supported by cash-flow adjustments.
Select the entity’s annual gross receipts tier to determine automatic §448(c) cash method eligibility and M-1 disclosure needs.
Choose the output format for the accrual-to-cash adjusted statement to align with Schedule M-1 working papers and client presentation needs.
List im-material accrual variances that still affect cash-flow timing but fall below rounding rules (e.g., accrued interest under $100, gift-card breakage, etc.).
Enter any specific guidance from the reviewing CPA regarding Schedule M-1 matching thresholds, cash-method-aggressive positions, or auditor-request drill-down items.