Understanding Cash Management

With the cash management functionality available in the JD Edwards EnterpriseOne General Accounting system, you are able to predict your cash flow forecast on a daily basis so that you can more effectively manage your cash accounts. The cash management functionality is fully integrated so that you can accurately forecast cash flow without redundant data entry among the JD Edwards EnterpriseOne Accounts Receivable, JD Edwards EnterpriseOne Accounts Payable, and JD Edwards EnterpriseOne General Accounting systems. The automatic bank statement process, which creates automated receipts, vouchers, and journal entries from reconciled transactions, integrates with cash management and cash flow forecasting. You can estimate opening and closing balances for cash accounts, as well as the total amount of open invoices and vouchers to improve overall short-term cash forecasting control.