Cash Management is a fully integrated functional area of Navision Financials that provides an efficient means of tracking monetary accounts at financial institutions.

Highlights

• Gain instant access to your company's current cash balance. Use a consolidated approach for all cash transactions.
• Maintain balances in both local and foreign currencies.
• Reconcile all bank accounts based on the account statements issued by your bank.

Online Control of Bank Accounts Cash Management connects you to your financial institutions and provides an efficient means of keeping your bank accounts fully updated. It allows you to manage and reconcile bank accounts as well as to print checks directly from your Navision Financials solution. Requires General Ledger.

Unlimited Number of Bank Accounts

Bank Account Management puts you online with your financial institutions allowing you to administrate an unlimited number of bank accounts. Balances are maintained in both local and foreign currencies (which can include the new Euro currency). Cash receipts and payment transactions are tracked for each bank account. Requires General Ledger.

Simplified Bank Reconciliation

When business activity increases, discrepancies between the bank account records in your system and the records kept by your bank often increase proportionally. The bank account reconciliation features in Navision Financials make it easy to verify that your bank account records agree with those of the bank at the end of a specific period. Requires General Ledger.

Automated Check Writing

Check-writing facilities allow you to automate and control the entire check-writing process. You can print checks that you have created manually as well as computer-generated checks. Controls are also in place for check number tracking and voiding checks. Requires General Ledger.