Cash Book

Objective - To provide system-wide bank reconciliation information on cash inflows and outflows, allowing optimal and efficient cash management.

• The Value of SYSPRO Cash Book
  • Provides the ability to know current bank balances through on-line transaction processing as well as integration to other sub-ledgers
  • Tracks transactions which have not cleared the bank
  • Knows in what form cash resources lie
  • Allows the forecasting of cash positions with automated cash projections
  • Produces checks on-line
  • Increases the speed and efficiency of bank reconciliations
  • Provides statement balance inquiry
  • Preview of reports to screen and e-mail capabilities
• Matching SYSPRO to Your Business
  • Allows inter-company postings
  • Maintains numerous bank accounts
  • Maintains local and foreign currency bank accounts
  • Handles foreign currency transactions through local currency bank accounts
  • Posts transactions to multiple companies from within the same screen
  • Associates each bank with a unique General Ledger control account for accurate auditing
  • Records bank deposits and withdrawals quickly and easily
  • Allows for fast, easy bank reconciliations, both manually or electronically
  • Gives automated processing of recurring entries
  • Updates exchange rates for foreign currencies on-the-fly while processing entries
  • Easily adjusts previously entered deposit and withdrawal amounts
  • Revalues foreign currency accounts according to changes in exchange rates
  • Drill down to source transaction of AP and AR generated entries
• Audit Trails and Reporting
  • Reconciled transactions are retained at month end for prior month Cash Book reprinting and queries.
  • User defined number of months for History Retention
  • Complete and thorough audit trails for all transactions
  • User-defined check and remittance advice documents
  • User-defined selection criteria for flexible reporting
  • Recurring entries report highlighting unposted entries
  • Journal and G/L distribution reports
  • Reconciliation statement, consolidated statement
  • Bank balance report
  • Foreign currency variance report
  • On-line check register
• Integration
  • Withdrawals and deposits that are recorded in Cash Book automatically update user-defined General Ledger accounts *Checks produced in Accounts Payable automatically flow through Cash Book
  • Deposits entered into Accounts Receivable automatically flow through Cash Book
  • E-mail reports with the Office Automation module
  • Postings to prior periods are also possible
  • Cash Book is Multi-Period allowing new month entry of Payment Registers (Accounts Payable) and Deposit Slips (Accounts Receivable) in their respective modules prior to the closing off of the Cash Book module.