🆕 Introduction
The "Cash positioning" page has already been improved a lot!
It aims to help you manage your short-term (few weeks) account balances more effectively.
This page is in Beta. We are working on other features that will soon be added to this page to help you manage your short-term cash flow. For now, it takes into account only Expected transactions and not the forecasts/budget/ ...
🔉 Don't hesitate to give us your feedback, via chat.
💡 Benefits from the Cash positioning page
This page helps you take actions such as:
Rescheduling payment plans for supplier invoices
Deciding which accounts to use for future payments
Balancing transfers between accounts
Identifying very short-term liquidity needs
Invest your excess cash in a very short-term timeline
⚙️ How does it work?
How to access the new page?
From your Agicap Cashflow account, place your mouse over Cashflow, and click on Cash positioning.
Where can I access this page?
You can access this page both from the entity and consolidation levels! So it means that if you want to manage all the group's bank accounts in the same place, you can.
How can I sort my accounts?
For now, you can sort your accounts either by currency or by type of account.
Just click on the 'No groups' button and choose which sorting system you'd like.
NB: for the type of account sorting type, you should define first the type of account by clicking on 'Manage groups' and choosing between current account, financing account and saving accounts so that you have all your current accounts grouped to perform your daily actions on them.
What is the caption of the page?
If some operations occur or will occur, the cell will be in black. If there is no transaction, the cell will be in grey.
You can define a bank overdraft by account, if this bank overdraft is exceeded the account will appear in red.
How can I set up a bank overdraft?
Go to the 'Banks and integrations' page after clicking on the top right menu.
Then position your mouse over the bank account, click on the '...' and then 'fill in overdraft authorization'.
What are the actions I can take on transactions from this page?
When you'll connect to this page daily, you'll want to:
Avoid exceeding bank overdrafts
Execute payments
Invest your excess cash in the very short-term
1. Bank overdraft management
To be able to do so, you'll be able to:
Modify a Supplier invoice's payment date
To do so, click on the account and the day you want to modify. Select one or several invoices (with the square on the left), then click on the '... display advanced options'.
Then click on 'Edit payment date'.
Create and then execute a balancing transfer
To do so, click on the account and the day you want to modify. Then click on 'Create a balancing transfer'. It will automatically create 2 expected transactions of the amount of your choice.
2. Execute payments
If you have Agicap Payment, you'll be able to send the invoices, so that they go through their validation flow and ultimately be executed.
For that, you can individually or in batch action, select the invoices or the balancing transfer you want to execute and click on 'Add to payable transactions'. Then simply go to Agicap Payment to finalize it.
💡 For now, you can only perform this action for payment in EUR.
3. Invest your excess cash in the very short-term
If you have performed all the necessary actions: avoiding bank overdrafts and paying your invoices, maybe you flagged investment opportunities.
Indeed, if you see that an account is above your safety mattress for more than x days, you could consider investing really short term.
💡 Here is a video about how Agicap uses Agicap to define its investment strategy (both short and long-term).
NB: after clicking on a transaction, you can also take all sorts of actions: categorize the transaction, leave a note, associate it to a project, reconcile, ignore...
NB: How to access the old page?
From the new page, click on the top right.
🔉 If you have any additional questions, please reach out on the chat!