Direct method cashflowForums › ACCA Forums › ACCA FR Financial Reporting Forums › Direct method cashflowThis topic has 1 reply, 2 voices, and was last updated 9 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts February 23, 2015 at 6:55 am #229709 ijishMemberTopics: 1Replies: 0☆Purchased the fixed asset from a foreign supplier with 6 months deferred. When we book the FA in accounts we provisined for supplier.My query is when we show in direct method cash flow at the time of FA asset entry or at the time of payment(after 6 month)? February 23, 2015 at 7:36 am #229715 MikeLittleKeymasterTopics: 27Replies: 23200☆☆☆☆☆When did the cash flow?Then there’s your answerIf you buy something on credit, how does that affect your cash on the day you bought the asset?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)You must be logged in to reply to this topic.Log In Username: Password: Keep me signed in Log In