Cash Management

cash managementImprove cash management through Epicor‘s automatic handling and reporting of discounts available, payment due dates, and payment selection methods.

Specify the number and type of bank for each of your accounts, including currency.

You can customize EFT formats to meet your organization’s needs. These formats can match bank requirements and include remittance information.

Reconcile your bank statement with entries generated in Accounts Receivable, Accounts Payable, and Payroll.

You can automatically upload electronic bank statements and then auto-reconcile these statements with the manual reconciliation of unmatched items. Through this functionality, you combine several items in the application to match against one or more items on the statement. You enter the statement number, date, and full historical statement reconciliation success records. You can also perform manual allocation, enter ad hoc, non-AR, or non-AP statement amounts while in the reconciliation routine. Lastly, you generate an item list and a report.

Easily perform cash flow analysis for open AR balances and AP amounts owed. The dashboard streamlines the process with user-defined buckets for cash flow analysis by giving an easily understood display of your outstanding receivables and credit obligations.