Create Cash Pool and Loan Management ID

This document explains how you create cash pool and loan management IDs, used when creating cash pool and loan management proposals in 'Cash/Loan Pool Proposal. Open' (MFS300).

Outcome

A cash pool and loan management ID is created and included in a cash and loan pool proposal created in (MFS300).

See Manage Cash Pool and Loan Management Proposal.

Follow these steps

  1. Start 'Cash and Loan Pool ID. Open' (MFS025).
  2. Specify a cash pool and loan management pool ID that can consist of up to 10 characters. Select option 1-'Create'.
  3. On the E panel, specify a description and name.
  4. Select whether the ID is used for cash pooling or loan management.
  5. Select the customer and which payment terms and payment method to use when invoicing the proposal.
  6. Select the account containing the balance for the pool transactions, that are the contra entries of the bank transactions.
  7. Select the interest rate IDs for lending and borrowing. Interest rate IDs are defined in 'Interest Rate ID. Open' (CMS460). Select related option 11='Rate per date' on (CMS460/B) to go to 'Interest Rate ID. Define Rates' (CMS461), where the interest rates are defined per from date.
  8. Select the invoicing currency and exchange rate type. The calculated interest is converted from the account currency to the invoicing currency when creating the proposal in (MFS300).
  9. Select whether the interest should be calculated according to a daily or end of period rate.
  10. If required, specify a reference and select a VAT code. The reference is used as 'Your reference' on the customer invoice.
  11. Select whether the ID should use accounting date or value date when selecting transactions to be included in the proposal.
  12. Click 'Next' to return to (MFS025/B).
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