Cash
Management
Cash Management is an easy-to-use tool that lets you
view and track cash transactions generated in Sage Timberline Office
Accounts Payable, Payroll, Accounts Receivable, Job
Cost and Property Management applications and reconcile
them with your company's bank statements and general
ledger.
What's more, Cash Management also simultaneously tracks
your register and bank balances, giving you a simple
way to stay on top of your cash flow and ensure that
accounts are funded at optimum levels.
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 cheque amount per bank account.
- Establish
multiple general ledger cash accounts per bank.
Cash
transaction management
Track all cheques 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 Cheque
Register.
Additional features
- Import
cleared cheques.
- Add
up to 1,000 custom fields to bank records in order
to track virtually every detail you need.
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