Cashier/Treasury Management

See how CASHIER/TREASURY Accounting works

Treasury Accounting

Bank/CC/Cash Reconciliation
Multi-Bank Connectivity
Forex Gain/Loss Accounting
Deals/Hedge Accounting
Cash Accounting/Forecasting
CreditCard Accounting
DC/NEFT/TT/Fees Accounting
Bill Discounting
Intercompany Transactions

Cashflow Management

DCPR-Daily Cash Position Report
Cash Flow Management
Central Cash Pooling
Cash Budget Management
Minimize float & WC

Fundflow Management

Working Capital management
Manage Risk Return Profile
Tax Efficiency of Investments
Trading activities and deals
LT/ST Loan Management
Investment Management
Credit Management

RiskReturn Management

Financial&Market Risks
ForeignExchange Risks
Commodity Price Risks
Interest Rate Risks
Risk/Return/Liquidity Tradeoffs
Regulatory compliance
GRC Management

Cash Manager
Fund Trader
Risk Manager

What is Treasury Management?

Treasury Management can be understood as the planning, organizing and controlling holding, funds and working capital of the enterprise in order to make the best possible use of the funds, maintain firm's liquidity, reduce the overall cost of funds, and mitigate operational and financial risk.

What is Treasury Accounting?

1. Receive Cheque

2. Deposit Cheque

3. Todays Collection Report

4. Monitoring Cheque on Hand

5. Preparing Payin Slips for cheques to deposit today.

6. Payment or Disbursement

7. Forex Accounting

What is Bank Reconciliation?

A reconciliation statement is a document that begins with a company's own record of an account balance, adds and subtracts reconciling items in a set of additional columns, and then uses these adjustments to arrive at the record of the same account held by a third party.
There are five main types of reconciliation accounting that are used in day-to-day business:
Bank reconciliation.
Customer reconciliation.
Vendor reconciliation.
Inter-company reconciliation.
Business-specific reconciliation.
A three-way reconciliation report contains the adjusted bank balance, the book balance, and the client trust ledger balance and shows that all three balances match.

What is Cashflow Management?

Cash flow management is the process of tracking how much money is coming into and going out of your business. This helps you predict how much money will be available to your business in the future. It also helps you identify how much money your business needs to cover debts, like paying staff and suppliers.
How do you know if a company is cash rich?
In order to know the source of cash, investors should look at the cash flow statement and not the balance sheet. In the cash flow statement, if cash from operations are positive consistently over a period of time, it is a good signal.

How to determine companies daily cash position?

An organization's cash position is usually analyzed through liquidity ratios. For example, the current ratio is derived as a company's current assets divided by its current liabilities. This measures the ability of an organization to cover its short-term obligations. DCPR Report gives daily cash position. Also CPR - Cash Position Ratio is expressed as the ratio of financial assets and current liabilities. The recommended value is between 0.2 to 0.5.

Cash flow formula:
Free Cash Flow = Net income + Depreciation/Amortization – Change in Working Capital – Capital Expenditure.
Operating Cash Flow = Operating Income + Depreciation – Taxes + Change in Working Capital.
Cash Flow Forecast = Beginning Cash + Projected Inflows – Projected Outflows = Ending Cash.

What is DCPR-Daily Cash Postion Reporting

The Daily Cash Report is used to report on the daily cash balance and to help manage cash on a weekly basis. When entering a situation where active cash management is required for your daily cash flow, this tool is especially helpful. Use the daily cash report template as a tactical, active cash management tool.

What is Fundflow Management?

Funds Flow Statement is a statement prepared to analyse the reasons for changes in the Financial Position of a Company between 2 Balance Sheets. It shows the inflow and outflow of funds i.e. Sources and Applications of funds for a particular period.
A company's cash flow and fund flow statements reflect two different variables during a specific period of time. The cash flow will record a company's inflow and outflow of actual cash (cash and cash equivalents). The fund flow records the movement of cash in and out of the company.

What is Bilateral Netting or Party Reconciliation process?

A bilateral netting agreement enables two counterparties in a financial contract to offset claims against each other to determine a single net payment obligation that is due from one counterparty to the other, meaning that the payables and receivables are netted off. It is also called Party Reconciliation process.

What is Financial Deal?

A deal is a set of one or more agreements that take place between the retailer and a vendor. ... For example, a special deal might be set up based on a promotion or have an open-ended timeframe (such as when a retailer might get 10% off on all merchandise ordered from a specific supplier). Treasury supports a broad range of deals for financial instruments including debt, investment, foreign exchange, equities, and derivatives. Automated deal administration, interest, fees, postion, maturity, gap and settlement accounting are main functions of Deal Management. Below some kind of deals are mentioned:

1. FDR - Fixed Deposit Investment Management: A Fixed Deposit Receipt (FDR) is nothing but a document provided by the bank after the applicant procures a fixed deposit scheme from their bank.

2. BG-Bank Gaurantee Management: A bank guarantee is when a lending institution promises to cover a loss if a borrower defaults on a loan. The guarantee lets a company buy what it otherwise could not, helping business growth and promoting entrepreneurial activity. There are different kinds of bank guarantees, including direct and indirect guarantees.

3. LC-Letter of Credit: A letter of credit, or "credit letter" is a letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. In the event that the buyer is unable to make a payment on the purchase, the bank will be required to cover the full or remaining amount of the purchase.
4. Loan: Loan is a thing that is borrowed, especially a sum of money that is expected to be paid back with interest. Loan can be long term or short term.

What is Risk?.

According to Wikipedia Financial risk management is the practice of protecting economic value in a firm by using financial instruments to manage exposure to risk: operational risk, credit risk and market risk, foreign exchange risk, shape risk, volatility risk, liquidity risk, inflation risk, business risk, legal risk, reputational risk, sector risk etc. Similar to general risk management, financial risk management requires identifying its sources, measuring it, and plans to address them. Financial risk management can be qualitative and quantitative. As a specialization of risk management, financial risk management focuses on when and how to hedge using financial instruments to manage costly exposures to risk. Uses of financial risk management Finance theory (i.e., financial economics) prescribes that a firm should take on a project if it increases shareholder value. Finance theory also shows that firm managers cannot create value for shareholders, also called its investors, by taking on projects that shareholders could do for themselves at the same cost.
When applied to financial risk management, this implies that firm managers should not hedge risks that investors can hedge for themselves at the same cost. This notion was captured by the so-called "hedging irrelevance proposition": In a perfect market, the firm cannot create value by hedging a risk when the price of bearing that risk within the firm is the same This suggests that firm managers likely have many opportunities to create value for shareholders using financial risk management, wherein they have to determine which risks are cheaper for the firm to manage than the shareholders. Market risks that result in unique risks for the firm are commonly the best candidates for financial risk management. The concepts of financial risk management change dramatically in the international realm. Multinational Corporations are faced with many different obstacles in overcoming these challenges. There has been some research on the risks firms must consider when operating in many countries, such as the three kinds of foreign exchange exposure for various future time horizons: transactions exposure, accounting exposure, and economic exposure. In operational risk, big data and data science can be used to create highly efficient systems to detect and prevent fraudulent activities such as fraudulent/speculative trading, rogue trading, and regulatory breaches.

What is Compliance Management?.

In general, compliance means conforming to a rule, such as a specification, policy, standard or law. Regulatory compliance describes the goal that organizations aspire to achieve in their efforts to ensure that they are aware of and take steps to comply with relevant laws, policies, and regulations as per Wikipedia.