Cash & Banks
The gap between accounting records and bank records costs many companies a lot of money. But more and more companies are working to avoid unnecessary costs and lost revenue opportunities by coordinating banking and accounting operations. The Treasury and banks program helps to manage the reconciliation of monthly bank statements, review them and helps in tracking bank account balances. Treasury and bank management software can provide valuable information about the best financial combination that is suitable for deposits and withdrawals at a certain point in time. They will help you make sure you are accounting and banking records correspond to it.
Treasury and bank management software records the details of all receipts, payments, deposits and related transactions of your bank and cash with multiple accounts. In conjunction with public accounts, it serves as a central location for recording all cash inflows and outflows. Cash management software enables you to monitor and forecast cash requirements, perform Bank settlements and distribute payments efficiently and securely, and automatically create accounting entries. Treasury and bank management software improves the integrity of your data by reducing human errors with automated forecasting and Correction.
With the Treasury Management Program, banks will always know the dates of collection of checks, what transactions are pending, how much each bank account contains, and exactly all your money or money. Different bank accounts and investment instruments provide different advantages. Keeping money in the right place is the key to making sure that there is a guarantee that you never miss charging income, such as maximizing cash in places earning interest. Treasury and bank management allows you to use several bank accounts for deposits and checks, which gives you the flexibility to receive and disburse funds from separate accounts.
Treasury and Banks features & benefits
- Encoding the types of safes and banks with basic data.
- View the opening balances of safes and banks by selections.
- View the daily movement of payments according to specific selections (document number-date ...).
- View the total movement of daily payments from cash-checks-bills of exchange.
- View the daily movements of the receipts according to various options.
- View the total movement of daily receipts of cash-checks-bills of exchange from identifiers through which it is easy to obtain accurate information and reports.
- A statement of the daily movement of the treasury & banks of determinants through which it is easy to obtain accurate information and reports.
- The movement of securities according to determinants such as (movement by banks-movement of the Treasury-maturity date...).
- Treasury & bank balances on a specific date according to determinants that help to make accurate choices.
- A statement of the status of the checks during the period (under collection-collector-returnee).
- Analysis of cheques under collection by banks at the level of (banks-months).
- Analytical checks collected at the level of banks-bounced checks.
- Posting directly to the General Ledger Accounts system.
- This is in addition to numerous reports that suit all users.
