The Omnix ERP Cash Book provides comprehensive and interactive control of all cash flow, ensuring optimal cash management. It controls money paid into and out of multiple bank accounts on a day to day basis.

Key features:

• interfaces with the Omnix ERP Creditors, Debtors, Point of Sale, Production Control and General Ledger modules. If the Cash Book is interfaced to the General Ledger module, the two systems can run in different accounting months
• functions on the basis that, if a bank account is in credit, the bank balance is printed as negative and deposit type transactions are credits. If the account is in overdraft, the bank balance is signed positive and withdrawal type transactions are shown as debits
• includes flexible transaction capabilities e.g. allows discount on a debtor where terms have been exceeded
• makes use of a number of transaction types. Each transaction type has one or more unique posting code associated with it that identifies the type of transaction and whether it is a debit or a credit. The posting code is used on screen displays and for reporting purposes
• operates multiple bank accounts per company as well as multiple currency accounts
• creates daily deposit slips by branch and bank account
• produces daily and monthly bank summaries provides a daily audit trail, listing all transactions posted to and by the Cash Book by bank account and transaction type
• can create user-defined posting codes
• generates online cheques, receipts and bank statements
• includes full bank reconciliation functionality. Transactions posted during the current month and any transactions that have not been reconciled from previous months are displayed on the screen in date sequence
• can capture transactions that are on the bank statement but are not in the Cash Book while doing the reconciliation - for example bank charges, interest and government tax
• provides a suspense account for all unknown bank statement items with facility to reallocate these transactions at a later stage. Suspense transaction listing can be printed at any stage during the month for a range of bank accounts
• can allow a discount for a debtor where terms have been exceeded
• has powerful reporting functionality
• caters for Electronic Fund Transfers to all the major banking institutes
• Graphical representation of the Omnix ERP Cash Book system interfaces

Please click here if you would like to find out more information.