Cash management overview

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In 1C:Drive, the Cash management module is designed to help you manage and monitor bank and cash transactions. With this module, you can register and manage various types of bank and cash transactions, maintain the related master data, plan cash flows, and analyze reports based on the transaction data.

Register and manage transactions

• Payment transactions

  Register a variety of incoming and outgoing payment transactions made in bank or cash accounts or through payment processors. For example, payments from customers, payments to suppliers, advance payments, refunds, loan repayments, and more.

• Loans

  Register loan contracts, repayment terms, funds received or issued as loans, interest (or commission) accrued on loans, and repayment of the loan principle and interest.

• Overdraft

  Specify the overdraft limit and validity period, and record transactions with negative balances.

• Bank fees

  Register bank fees. If a bank fee accompanies a payment, register them with the same payment document. Another option is to register a bank fee with a separate payment document. Also, you can register a bank fee with a bank reconciliation document.

• Bank statement reconciliation

  Compare and track differences between bank statements and your company's records.

Maintain master data

• Bank and cash accounts

  Register multiple bank and cash accounts used in bank and cash transactions. For bank accounts, overdraft options are supported. 1C:Drive also allows to store information about counterparties’ bank accounts.

• Currency exchange rates

  Register currency exchange rates used in bank and cash transactions. 1C:Drive allows to do this manually or automatically by importing currency exchange rates published by exchange rate providers. The providers vary depending on the 1C:Drive version.

• Cash flow items

  Create cash flow items to classify and analyze the company's cash inflows and outflows.

• Direct debit mandates and requests

  Register direct debit mandates and requests to banks for direct debit payments.

Plan cash flows

• Automatically plan cash inflows and outflows, based on payment terms of invoices and orders. You can also use planning documents to manually register expected cash flows.

Analyze reports

• Use a variety of reports to monitor and analyze cash balances, cash inflows and outflows (both planned and actual), and more.

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