Cash Management
These modules will help you effectively manage the flow of goods to satifsy customer demands at multiple operating locations. This suite lets you take control of your business - and profit from all your hard work.
The Online Advantage Cash Management module lets you create and use an unlimited number of bank accounts in any currency. With it you’re guaranteed a correct balance regardless of the selected currency.
The Cash Management module is seamlessly linked to your other accounting ledgers so you can know your exact cash position at any time. It is designed to improve your control of company finances.
Features
- The Cash Management module is a complete procedure from receipt to reconciliation of the bank statement.
- Cash Forecasting – let’s you predicate you cash position in future periods by performing a forward view of the bank balance of the company in time periods to suit you.
- Integrated Bank Reconciliation across the Accounts Receivable and Account Payable systems into one central cash book.
- Multiple Bank Accounts — create and use an unlimited number of bank accounts in any currency and always receive the correct balance.
- Electronic payments — support’s the ability to both receive electronic payments from customers and to make electronic payments to suppliers.
Functions
- Bank Reconciliation — a completely integrated facility. Bank accounts can be reconciled in their functional currencies.
- Electronic Bank Reconciliation — quickly and accurately matches each transaction in your cash book automatically (in conjunction with your Bank’s nominated software).
- Online Cheque Register.
- Automatic Bank Deposit Slip generation.
- Cash/Overdraft position enquiries.
- Cash Payment and Cash Requirements reporting.
Benefits
- Control – what better way to get control over your banking than with a full integrated cash management system that uses data from the transactions in the other ledgers
- Time Savings – through the use of the our electronic bank reconciliation tool and with the use of EFT payments and electrically delivered documents.
- Information – know your cash position taking into consideration all the transactions you have in the system including future commitments so you can make informed decisions.
