💡 Benefits of 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 account, place your mouse over Cashflow, and click on Cash positioning. 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 by currency, by type of account or by cash pool.
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 'Settings' 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, as well as low cash flow and excess cash flow targets.
If this bank overdraft is exceeded the account will appear in red.
How can I set up bank overdraft and targets per account?
Go to the 'Thresholds' page after clicking on Settings.
Then position your mouse over the bank account, click on the '...' and then 'fill in authorized overdraft', 'low cashflow' and 'excess cash flow'.
What are the actions I can take on transactions from this page?
1. Reach your accounts targets effortlessly with our 'Automatic Balancing' Feature
After clicking on the top right button 'Automatic Balancing', Agicap will present balancing transfer suggestions to ensure you meet your target per account.
Avoid exceeding bank overdrafts
Centralize your excess cash on a pre defined central account
💡 Go to the settings to define your target values
💡 The cover period can be ajusted directly in the sugestions tab.
If you have Agicap Payment, you'll be able to directly execute your balance transfers.
For that, you can individually or in batch action, select the invoices or the balancing transfer you want to execute and click on 'Send to Payment'. Then simply go to Agicap Payment to finalize it.
2. 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'.
3. Create and execute a manual balance 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.
4. 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...
🔉 If you have any additional questions, please reach out on the chat!