Cash Management
Setup
Cash Management features a Setup Assistant, which walks you through the bank
account set-up process and confirms that accounts balance before you begin
posting transactions.
Control which bank accounts and cash accounts can be used by each interfacing
application to eliminate posting errors.
Limit maximum check amount per bank account.
Establish multiple general ledger cash accounts per bank.
Cash transaction management
Track all checks generated in Accounts Payable and Payroll, and deposits entered
into Accounts Receivable, Job Cost and Property Management.
Track status of each transaction (open, cleared or reconciled)
Enter deposits, withdrawals, adjustments, interest, and miscellaneous charges
directly into Cash Management and automatically create corresponding entries in
General Ledger.
Edit transactions entered into Cash Management, or go to the source to edit
transactions originating from other Sage Timberline Office applications.
Easily transfer funds between bank accounts.
Bank reconciliation
For added convenience, it's possible to suspend a reconciliation in progress to
save your work so that you can move on to something else, and then return to the
task later without having to start from scratch.
Instantly update differences between reconciled balance and statement balance
for tracking your progress as you reconcile.
Easily mark individual transactions "reconciled" as reflected in your bank
statement, or select a range of transactions to reconcile.
View all transactions listed together by date, or grouped by transaction type.
Inquiry and reporting
Cash Management includes a number of pre-designed inquiries, such as Bank
Balance, Cash Balance, and Bank Register. Pre-designed reports include Balance
by Batch, Cash Totals to General Ledger, and Check Register.
Additional features
Import cleared checks.
Add up to 1,000 custom fields to bank records in order to track virtually every
detail you need.
|