Cash Balancing Setup
Navigate to the Funds page. Click the ID of a desired Fund. Select Edit from the left-side menu. Scroll to the Cash Management section at the bottom of the page. Check the box next to Manage Cash. To the right of Investment Account, click the drop-down menu to assign an Investment Account. If the Fund issues checks, click the drop-down menu to the r...
Balance Swap
Balance Swaps are system suggested movements of money based on how a fund is defined and where it’s money is currently invested or held. For example: If a fund has $0 in checking, but $50,000 in a primary investment account, the fund can still write a $1000 check out of the checking account. Manage Cash will recognize that money going out needs to ...
Bulk Delete Balance Swaps
To Bulk Delete Balance Swaps: Navigate to Accounts. From the left-side menu, select: Balance Swap Account Transfers Bulk Un-Post Click the Unpost and Delete button to unpost and delete any past Transfers or Balance Swaps. Money from transfers will return to the Cash Balancing Fund. Note: The system only shows transactions back to the last time the ...
Review Balance Swaps with a Balance Sheet*
To view and verify transactions, you can go to the Balance Sheet. Go to Funds from the Home page Choose the ID number of a Fund From that Funds page, choose Balance Sheet from the left-side menu Choose the date (usually the current day) After doing a Balance Swap and asset Transfer from the Cash Balancing Fund - all the Accounts should have a zero (...
Review your Cash Balancing Fund*
Go to Funds from the Home page Choose the Cash Balancing Fund The system will show the balances for all the funds who have Manage Cash selected. You will see each Fund and where their assets are - assets may be in bank accounts or investment accounts, for example, a Funds assets may be in your checking account, but they should be in an investment ...
Cash Balancing Overview*
Cash balancing is a unique process that you can use to manage and rebalance the Funds in your Fund Accounting system. Once all Funds and their default settings are set-up, you can utilize the Cash Balancing Function to rebalance Funds so you can see where to move assets. To rebalance your Funds, we use a Cash Balancing Fund. The Cash Balancing Fund ...
Balance Swap Overview & Calculations
Overview The Balance Swap feature provides system suggested movements of money based on a where a fund's money is currently held in relation to where a fund's investment strategy says it should be. Balance Swap involves four main components: Funds, Investment strategies, Accounts, and the Manage Cash feature. Funds involved with balance swap include...