The Cash Management module in FTS Accounting enables businesses to comprehensively and accurately control all cash inflows and outflows, ensuring financial transparency, security, and flexibility in any situation. From real-time cash balance tracking to fully digitized and automated payment processes, everything is managed on a single unified platform.
1. Real-time monitoring of cash inflows and outflows
- Record detailed cash and bank transactions.
- Synchronize collection and payment data from Accounts Receivable, Accounts Payable, and General Ledger modules.
- Instantly update cash balances by type (cash, bank deposits, advances, etc.).
2. Multi-currency support – exchange rate management
- Record transactions in multiple currencies: VND, USD, EUR, etc.
- Automatically apply exchange rates at the transaction time and handle foreign exchange gains/losses according to accounting standards.
- Generate financial reports in the desired currency, supporting multinational operations.
3. Detailed cash tracking by entity, project code, and expense item
- Classify transactions by customer, supplier, employee, etc.
- Monitor cash flow by job code, project, or expense category.
- Quickly retrieve historical cash flow data for specific entities, projects, or expense items.
4. Controlled and automated payment processes
- Manage workflows from:
- Payment request → Approval → Payment execution → Issuance of payment order.
- Advance request → Approval → Disbursement → Reimbursement.
- Support multi-level approval workflows configurable according to internal policies.
- Automatically generate accounting entries and update the ledger, providing real-time debt control.
5. Multi-dimensional cash flow analysis reports
- Generate reports by entity, job, project, funding source, or expense item.
- Export reports flexibly to Excel, PDF, or Word for audits, internal reviews, or third-party requirements.
The Cash Management module helps businesses tightly control cash flow, supports multi-currency operations, standardizes exchange rate management, provides detailed cash insights, integrates with Accounts Receivable, Purchasing, and Finance, reduces manual work, increases transparency, and enables faster, more accurate decision-making.