Assigning resources

Use this procedure to assign authorities to existing finance resources on your cash accounts. Resource authorities are for information only and help to manage and track information that is related to the Cash Management account.

  1. Sign in as Cash Administrator and select Cash Setup > Cash Management Accounts.
  2. Open a Cash Management account.
  3. Select the Resources tab and click Create.
  4. Specify a Resource.
  5. On the Authority tab, specify this information:
    Description
    Specify a description for the resource.
    Main Contact
    Select this check box if this resource is the main contact for the Cash Management account.
  6. In the Signer Information section, specify this information:
    Is not a signer
    This is updated to Is a signer if the signing limit is specified or if No Limit is selected.
    Signing Limit
    Specify the signing limit for the resources. The resource can sign and issue checks for transactions that have amounts lesser or equal to the limit.
    No Limit
    Select this check box if the signer has no amount limit. If selected, then the Signing Limit is disabled.
    Currency
    Specify the currency for the signing limit.
    Signer Status
    Select whether the signer is awaiting signature card..
    Signing Comment
    Specify the text of the signer comment.
    Start Date
    Specify the start date of the signer.
    End Date
    Specify the end date of the signer.
  7. In the Online Banking Information section, specify this information:
    Is not an online user
    This is updated to Is an online user only when the system administrator is selected.
    System Administrator
    Select this check box if the resource is a system administrator.
    Security Token
    Specify the security token for the user.
    Manually Initiate Fund Transfers
    Select this check box if manual fund transfers are allowed for this resource.
  8. In the Online Transfer Initiation section, specify this information:
    Initiation Limit
    Specify the initiation limit amount for the resource for internal funds.
    No Limit
    Select the check boxes is the resource has no limits.
    Currency
    Specify the currency.
    Initiation Comment
    Specify the user comments.
    Start Date
    Select the start date of the online transfer.
    End Date
    Select the last day of the online transfer.
  9. In the Online Transfer Approval section, specify this information:
    ACH
    Specify the transfer approval amount for the resource for ACH.
    Wire
    Specify the transfer approval amount for the resource for wire.
    Internal Funds
    Specify the transfer approval amount for the resource for internal funds.
    Check Outsourcing
    Specify the transfer approval amount for the resource for check outsourcing.
    No Limit
    Select this check boxes when no limits exists for the resource.
    Currency
    Specify the currency.
    Approval Comment
    Specify the user comments.
    Start Date
    Select the start date of the online transfer.
    End Date
    Select the last day of the online transfer.
  10. Click Save.
  11. On the Comments tab, click Create.
  12. Specify this information:
    Title
    Specify a title for the resource comment.
    Comment
    Specify the text of the resource comment.
    Attachment
    Select an attachment to include in the resource comment.
  13. Click Save.