The Cash Book module gives you the necessary facilities to provide planning and control of your cash resources. It provides up to the minute financial information independent of the status of the other IMAS ledgers.
Cash Book allows a degree of tailoring to suit individual company requirements, facilities the periodic reconciliation and auditing functions, which are essential for sound financial management.
The Integration of the Cash Book Module
The Cash Book module has optional interfaces to IMAS General Ledger, Accounts Payable and Accounts Receivable which provide for the posting of creditors cheques and debtors receipts to Cash Book, and the generation of Cash Book journals for the General Ledger, with immediate update of the cash position and transaction history.
This position is maintained independently of the status of postings to the General Ledger with full conciliation being completed upon bank statement processing and updating of journals to the General Ledger.
Some of the features of Cash Book include:
Multiple companies
Multiple bank accounts for each company
Electronic transfer of bank transactions to Cash Book
Reconciliation of Cash Book to General Ledger
Prompt and sundry cheque printing
Processing of debits and direct credits
Up to 1000 General Ledger details/dissections available for each transaction
General Ledger distribution by percentage and/or fixed amount
Wasted cheque processing
User determined history retention under defined purging criteria
Optional monitoring of cheque forfeiture
Optional multi-currency control
Optional batch control for data entry
User defined fields for inquiry and reporting
Window prompting features
Some of the reports and inquiries available within Cash Book are
Cheque forfeiture report-used for advising bank of dishonouring action to be taken
Detailed transaction report
Full audit trail of postings
Audit and exception reporting for electronic processing of bank statement details
Externally defined files enable users to develop specific reports as required
In a multi-currency environment all audit trails and inquiries will display both bank currency and base currency values
EFT Payment Processing. Pay suppliers directly to their nominated bank account. Reduce stationery and mailing costs significantly
Single screen inquiry allowing up to 20 different search arguments incorporating 7 levels of detail:
Bank summary for management
Transaction General Ledger details with dissection
Transaction list display with selection
Remittance details
Multi-currency details
Other related transaction details
Total net value of transactions under selection criteria
Cash Book has been developed to provide a fully functional bank reconciliation module, which furnishes up to the minute bank information to enable optimum utilization of short-term money market investments with available cash reserves.
The Integration of the Cash Book Module
The Cash Book module has optional interfaces to IMAS General Ledger, Accounts Payable and Accounts Receivable which provide for the posting of creditors cheques and debtors receipts to Cash Book, and the generation of Cash Book journals for the General Ledger, with immediate update of the cash position and transaction history. This position is maintained independently of the status of postings to the General Ledger with full conciliation being completed upon bank statement processing and updating of journals to the General Ledger.
