A Profit & Loss (P&L) statement doesn't directly show a business's cash flow, it outlines revenues and expenses, yielding net income or loss. To determine cash flow from operations, adjustments are essential, considering non-cash transactions. The common indirect method begins with net income and considers changes in current assets (e.g., accounts receivable, inventory) and liabilities (e.g., accounts payable, accrued expenses) affecting cash flow within a year.

My preferred Excel formula is XLOOKUP. It is a very powerful and versatile formula that can be used for a variety of tasks, including looking up values in a table or range, performing exact or approximate matches, returning multiple columns of data, and handling errors gracefully.