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Cash-Bank Cash & Bank Management

Efficient Handling of Cash Flow and Bank Transactions

Cash flow is the lifeline of any business, and managing it effectively is essential for operational continuity, financial planning, and compliance. PrismERP’s Cash & Bank Management module provides businesses with a centralized, real-time view of all cash and bank activities—streamlining reconciliation, payment processing, deposits, withdrawals, and fund transfers.

What is Cash & Bank Management?​

The Cash & Bank Management module in PrismERP helps businesses track, control, and reconcile all cash transactions and bank dealings. It offers complete visibility into current cash position, available bank balances, and pending payments—empowering finance teams to plan payments, manage liquidity, and ensure financial discipline.

Key Features of Cash & Bank Management​

  • Multi-Account Setup
    Manage multiple cash accounts and bank accounts across different branches or business units.

  • Bank Reconciliation
    Automatically reconcile recorded transactions with bank statements to detect discrepancies.

  • Cash Payments & Receipts
    Record cash transactions for expenses, sales, advances, and other activities directly into the system.

  • Cheque Management
    Handle issued and received cheques, monitor clearance status, and track post-dated or dishonored cheques.

  • Fund Transfers
    Record and control inter-branch or inter-account fund transfers with full audit trails.

  • Petty Cash Management
    Track petty cash usage, assign limits, and monitor replenishment cycles.

  • Deposit & Withdrawal Entries
    Record all bank deposits and withdrawals for easy reconciliation and auditing.

  • User Access Control
    Restrict access to cash and bank functions based on user roles and responsibilities.

  • Multi-Currency Handling
    Manage foreign currency accounts with real-time exchange rate tracking and conversion.

  • Reporting & Audit Trail
    Generate detailed transaction reports, cash position summaries, and reconciliation logs.

Benefits of Using Cash & Bank Management in PrismERP​

  • Enhances cash flow visibility and forecasting
  • Ensures accurate and timely reconciliation of bank transactions
  • Minimizes cash leakages and unauthorized use
  • Supports audit compliance with complete documentation and logs
  • Reduces manual effort in managing bank dealings and payments
  • Improves decision-making with real-time liquidity data

Integrated with Core ERP Modules​

The Cash & Bank Management module is seamlessly connected with:

  • Accounts Payable
  • Accounts Receivable
  • General Ledger
  • Payroll & Expense Management
  • Procurement & Sales

This ensures that every cash or bank transaction is automatically reflected in the corresponding ledgers and reports.

Who Can Benefit from This Module?​

  • Finance & Treasury Teams
  • CFOs & Controllers
  • Business Owners
  • Auditors & Compliance Officers
  • ERP Administrators

Gain Full Control Over Cash Flow​

PrismERP’s Cash & Bank Management module empowers your finance department to maintain accuracy, transparency, and efficiency in handling all monetary transactions. From real-time fund tracking to audit-ready records, it ensures you always stay in control.

Request a Demo today and see how PrismERP can simplify your cash and bank operations.