Abel Cash Management enables your business to have reconciled cash balances on multiple bank accounts, in any currency, on a constant and consistent basis.  Bank deposits are automatically built from accumulated receipts and payment cancellations.  The bank statements can be quickly reconciled with the bank accounts, maintaining accurate and real cash balance information.

The features provided in Abel Cash Management include:

• Multiple bank accounts are accommodated, including accounts in foreign currency
• The organization’s overall cash balance reflects the organization’s true cash position
• Bank reconciliation with real-time updating of the reconciled cash balance
• Automatic "cancel payment" function
• Automatic building of bank deposits from accumulated receipts
• Automatic or manual check/cheque writing
• Debtor invoice or miscellaneous payments
• Creditor invoice or miscellaneous payments
• Direct credits and foreign bank drafts 
• Optional automatic creation of payments or receipts by due date 
• Manual or batch check/cheque production
• Repeatable payments and receipts
• Bank transfers
• Foreign currency bank account revaluations 
• Multiple accounts in multiple currencies posted and consolidated in the base currency into one total on the General Ledger 
• Multiple bank accounts at Global and Company level
• Management cash flow analysis and reporting
• Management source and disposition-of-funds statement

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