Cash Management System

Manage day-to-day transactions, cash balances, funds transfers, and bank account reconciliations in one place. Keep real-time track of every nuance in your company’s cash flow, and make accurate, informed decisions that will drive you toward a successful future.

How Cash Management Can Work for You

Cash is the lifeblood of any company. So, a cash management system is essential to business health. If you don’t have a clear, updated, accurate picture of your company’s cash flow, then you’ve detoured onto a very treacherous road. But Acumatica’s Cash Management system can help you avoid those risky wrong turns.

Use Acumatica’s customizable reports and streamlined bank reconciliation processes to monitor, predict, and manage all your cash needs (even across multiple entities) from one platform. Integrated with General Ledger, Accounts Payable, and Accounts Receivable modules, Acumatica’s Cash Management system provides accurate reports with summarized views that let you drill down to account details. See the whole picture of your business and every data point that comprises it. Make quick, fact-driven decisions and stay on the road to success.

Key Benefits of Cash Management Software for Your Company

  • Integrate with Financial Modules

    Automatically collect all cash account transactions from General Ledger, Accounts Payable, and Accounts Receivable into your cash management system for clearing and reconciliation. Transactions linked to a vendor or customer automatically create entries in Accounts Payable or Accounts Receivable and update appropriate balances.

  • Transfer Funds Between Cash Accounts

    Transfer funds between bank accounts and track funds that are in-transit. Transfer between accounts in different currencies, and automatically calculate realized currency gains or losses.

  • Streamline Bank Account Reconciliation

    Simplify the reconciliation process with cash management software. Add bank charges and bank interest, and record any omitted cash directly from the reconciliation screen.

  • Accommodate Taxes

    Calculate and include taxes on cash transactions from bank downloads.

Important Features of Cash Management Software

Petty Cash Management

Manage petty cash and bank account balances quickly and easily. View transaction history for a specific date range and switch between detailed and daily views. Trace both uncleared and cleared balances, and clear and add cash-related transactions directly from the inquiry screen.

Remittance and Payment Instructions

Gather and pre-define payment information (preferred payment type, account numbers) for vendors and customers to simplify and speed up payment processing.

Processing Centers

Configure the processing centers you will use for cash collection and associate customer payment methods with a particular processing center – used for automated credit card processing.

Multiple Currencies Support

Maintain cash account balances in your base currency and your bank account currency. Execute cash revaluation to reflect rate changes. Automatically calculate realized gain and loss when transferring funds between accounts using different currencies. Support multiple base currencies and consolidates reporting across companies with different base currencies.

Cash Account Security and Integrity

Control access to cash account information and balances. Prevent unauthorized access and restrict sensitive company information. Validate dates on financial forms and reject dates that do not match a period on the master calendar.

Cash Account Reporting

Use provided reports to reconcile cash accounts balances and manage short-term cash reserves as well as forecasts and projections. Drill down to review transaction details.

Audit Trail

Maintain a complete audit trail of all cash-related transactions. Transaction records cannot be changed – corrections are handled through adjusting entries, which are logged. The cash management system captures the ID of the user who entered the transaction or adjustment. Attach notes and supporting electronic documents directly to transactions.

See what Acumatica customers are saying

"We only have eight hours a day and need to scale the business, so we must ensure we use our time well. With Acumatica, rather than spending that time inputting data, we use our talent to analyze data and make more strategic decisions"
Ka Man Chan, Chief Financial Officer
Key Code Media
"If you are trying to make sense of your data and want a cloud solution at a good price point, then choose Acumatica."
Anura Warnakulasooriya, Managing Director
Midaya Ceramic Company

Ready to put Acumatica to work for you?