Step 6. Creating Cash Accounts

Cash account catalog is a place of actual cash storage and cash flow (cash offices and safes of heads of departments). Cash is stored separately for each company. If funds of different companies or in different currencies are stored in one place, we recommended that you register several cash accounts for them.

To create a cash account:

1. Go to Master data and settings > Company cash accounts.
2. Click Create.
3. Enter the Description.
4. Select the Company and Currency.
5. Select the Cashier, if applicable (the field is only available if retail sales are enabled in the system settings).
6. Select the Business unit if needed.
7. To be able to receive and transfer cash to other cash accounts, select the Allow receiving and transferring cash to other cash accounts checkbox and click Specify cash accounts to add such accounts to the list.
8. To make a cash account operational*, select the Operational cash account checkbox and select the Person.
9. Click Save and close.

*Operational cash accounts reflect the presence and movement of funds of commodity offices, operational areas, river crossings, stopping points, ports, piers, stations, post offices, and other.