The Kmals Treasury Module empowers your organization to manage daily cash operations with precision and transparency. It gives you full control over disbursement and receipt processes, monitors cash and bank balances, and automatically links all financial transactions and checks to the General Ledger.
Core Features:
Core Components:
- Create dedicated records for each treasury or cashbox, assigning user access based on defined permissions.
- Log all receipts and payments by branch, cost center, and department.
Cash Operations:
- Issue cash/receipt requests with approval workflows for authorized personnel.
- Record disbursement vouchers and link them to payment references and original supporting documents.
- Attach and store check/payment documents alongside entries.
Payments & Collections:
- Auto-post all treasury transactions to the General Ledger.
- Track and allocate expenses accurately to the appropriate account groups.
Check Management:
- Log and monitor all inbound and outbound checks.
- Track due dates and categorize checks by status (cleared – pending – voided – returned…).
Reporting:
- Daily treasury activity reports, with detailed cash and check breakdowns over any selected period.
- Forecasting reports for upcoming payment and collection commitments.
- Comparison analysis between issued checks and recorded payment/receipt documents.
Receivables & Payables Management:
- Comprehensive handling of financial instruments (promissory notes – checks – bonds).
- Generate bank portfolios and link them directly to financial accounts.
Payment Document Tracking:
- Record every action on payment instruments (issuance – collection – cancellation – return – deposit).
- Calculate collection fees and banking commissions.
- Monitor outstanding balances and due dates.
