Creating Cash groups

A Cash group is an extension of the Finance Enterprise Group (FEG). Use this procedure to specify the applicable parameters to the Cash processes.

  1. Select Cash Administrator > General Setup > Cash Management Group.
  2. Click Create.
  3. On the Main tab, specify this information:
    Cash Management Group
    Select the FEG to define as the Cash Management group.
    Description
    Provide a description for the Cash Management group.
    Corporate Calendar
    Specify the system calendar to use.

    See Creating calendars.

    Default Reporting Basis
    Select one of the available reporting basis in the FEG of the Cash Management group. If reporting basis is not specified on the Cash Management group, then the default reporting basis of the FEG is used.
    Currency
    Specify the currency. The Corporate Currency Table name is displayed.
  4. In the Interfacing Statements, Wire Transfer FTP Configuration, and Infor Treasury sections, specify this information:
    Intraday Statement Processing
    Select an option to define how many intraday statements to keep and display in the bank statements list:
    • Keep All Statements

      Select this option to keep all intraday bank statements.

    • Keep Latest Statement And Any With Cash Position

      Select this option to keep only the latest intraday bank statement for a Cash Management account and any other intraday statements that are linked to a Cash Position Worksheet. The other statements are deleted.

    • Keep Only Latest Statement

      Select this option to keep only the latest intraday bank statement for a Cash Management account, regardless of whether a Cash Position Worksheet exists. The other statements are deleted.

    Statement Currency Gain Loss Category
    Specify the category. If the bank account currency is different from the currency on the cash management group or company location, then currency gain/loss transactions may occur. A currency gain/loss category must be defined and set up to capture the gain/loss amounts.
    Automatic Bank Statement Import
    Select this check box to automatically create bank statements when the bank statements are interfaced. When not selected, import files must be manually imported from the Bank Statement Interface list to create the associated bank statements.
    Display Statement Currency Gain Loss Line
    Select this check box to control the way in which the currency gain or loss category is displayed on the bank statement lines.
    Validate Imported Bank Statement Balance
    Select this check box to control if the currency gain loss line is displayed with the bank statement lines. You can pre-validate that the statement is in balance during the import process. For a balanced statement, the previous bank statements ending balance and the current bank statements activity must be equal to the current bank statement ending balance.
    Bank Interface Administrator
    Specify the bank interface administrator. This resource is responsible for sending the notifications that bank statements have been imported.
    FTP Configuration
    Select the system configuration to use for the wire transfer process. The system configuration defines the FTP credentials that are used to transfer the wire transfer output file.
    Infor Treasury Subscription Key
    Specify the key that enables users to log into Infor Treasury to interface payment files.
  5. In the Approval Required For section, select the check boxes of the processes/transactions that require approvals. The approval workflow is started when the transactions are created for the selected processes.
  6. In the Reason Code Required When section, select the check boxes of the processes/transactions that require approvals. You must specify a reason code when running the selected processes.
  7. In the Approval Codes Not Used For section, select the check boxes of the processes/transactions that do not require approvals.
    Note: Approval codes are not necessarily required for tasks that require approval using delivered process flows. Custom approval flows may not utilize approval codes. The restriction can be removed for custom approvals.
  8. In the Attachment Size section, specify the maximum size and the unit of measurement (UOM) for the Financial Institution logo attachment. The default size is 20 kilobytes.
  9. For the Auto Transaction Number tab, see Creating auto transaction numbers.
  10. For the Auto Reference Number tab, see Creating auto reference numbers.
  11. Click Save.