| Setting up Cash ManagementTo set up Cash Management consists of the following steps: Define CMG Parameters In the CMG Parameters (tfcmg0100s000) session, you must define the CMG
parameters. You can define parameters for the following processes: - Payments
- Direct debits
- Various cash management options
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The way in which LN handles such
processes as:
Set up bank branches In the Bank Branches (tfcmg0511m000) session, define the bank branch details. Set up the bank relations In the Bank Relation (tfcmg0110s000) session, define the bank relation. You must specify the bank relation code,
bank branch code, currency and the account number of the bank. You can specify the transaction type to post the bank
transactions for the selected bank relation. You can use the transaction type to do the
following: - To post only the actual payments, and not anticipated
payments.
- For bank reconciliation of the anticipated documents
attached to the bank relation.
- To post remittance advice.
If you use several bank relations, which bank you use can
depend on several conditions. See: Bank distribution. Payment methods and receipt methods In the Payment/Receipt Method (tfcmg0140s000) session, you must define payment methods and receipt methods. The payment methods
and receipt methods define the sessions in which you enter transactions of the
specific method, and the type and the format of the bank file or report that LN generates. See: Payment and receipt methods. Payment authorization Electronic bank statements (EBS) Transaction types for cash and bank
transactions For cash transactions and bank transactions you must set up
various transaction types. The main session and next sessions differ for each
transaction type. See: cash transaction types.
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