The Treasury module will record all cash related operations and will assist the management in cash management, thus supporting cash control and treasury management. 

The main objectives of this module will be to:

• Enable cash flow monitoring and control,

• Enable cashiering and cash payment/receipts allocation to debtors and creditors or general ledger accounts and any other module as required by the user,

• Facilitate monetary control activities,

• Enable proper accounting of cash, bank, equivalence and loan transactions for the different levels of the Company.

The module will provide the facility to maintain multiple cash and bank accounts.

The module will maintain the following details in respect of each cash, bank account and equivalences:

• Cumulative detailed transaction history,

• Cashier

• Multiple currencies.

Cash and bank receipts and payments handled by subsidiary ledger modules will update the relative cash and bank account in the Treasury module and vice versa.

Treasury module supports ad hoc postings as well as to cater for inter-cash or bank transfers and for processing of loan accounts

Different transaction types will be defined and traced with the relevant accounting treatment as standard transaction types.

Conversion of amounts from one to another currency and vice-versa should be made on input by referring to:

• Standard exchange rates,

• Exchanges rates input directly by the user.

Treasury module will also revalue currency accounts and allocate to the General Ledger, at any time required by the user, the unrealised profit or loss due to differences on exchange on outstanding balances, at a rate of exchange specified by the user.