What does Cash Management do?
Inter-Entity (Cash Management) automates transactions in Sage 300 for organisations that have multiple entities and bank accounts and need to transfer funds between them.
All transactions are routed via predefined Inter-Entity loan accounts.
The video below demonstrates several business scenarios.
Types of transactions automated
Bank Transfers
-
Process bank transfers between companies. When you post a bank transfer in the source company, a bank transfer is automatically created in the target company.
AR Receipts across companies:
-
Allocate a receipt to a customer in one company and have the receipt go into a bank account in another company
-
Bank a receipt into a bank account in one company and allocate it against A/R transactions which originated in other companies.
-
Allocate a miscellaneous receipt to G/L accounts in one or more companies whilst receipting the funds into a bank account in another company.
-
Combined A/R Trial balance across multiple companies.
AP Payments across companies
-
Process a payment against a vendor in one company and have the payment come out of a bank account in another company.
-
Process an A/P payment out of a bank account in one company and allocate it against A/P transactions which originated in other companies.
-
Allocate a miscellaneous payment to G/L accounts in one or more companies whilst drawing the funds from a bank account in another company.
-
Combined A/R Trial balance across multiple companies Bank transfers between bank accounts across companies.
