Cash management
Real-time visibility into every cash account, transfer, and reconciliation.
Cash management for nonprofits
Knowing exactly how much cash you have, and where it sits, is basic to running a nonprofit responsibly. NonProfit+ cash management, built on Acumatica, gives your finance team one workspace for cash balances, bank transactions, funds transfers, and reconciliations across every account and entity.
Transactions from the general ledger, payables, and receivables flow in automatically for clearing and reconciliation. Bank charges, interest, and missing items can be recorded right from the reconciliation screen, and reconciliation statements can require approval, which gives your auditors the internal-control evidence they ask for.
- See cleared and uncleared balances for every bank and petty cash account in real time.
- Reconcile faster by recording charges, interest, and omitted items without leaving the reconciliation.
- Require approval on reconciliation statements to strengthen internal controls.
- Move money between accounts with in-transit tracking and automatic currency gain/loss.
Key features
Connected to GL, AP & AR
Cash activity from other modules flows in automatically. Vendor and customer transactions also update AP and AR balances.
Bank reconciliation
Record bank charges, interest, and omitted cash right in the reconciliation, with approval workflows on statements.
Funds transfers
Transfer between bank accounts, track amounts in transit, and calculate realized gains or losses on cross-currency moves.
Petty cash management
Track petty cash and bank balances with transaction history in detailed or daily views.
Remittance instructions
Store preferred payment types and account numbers for vendors and payers to speed up processing.
Payment processing centers
Set up processing centers and link payment methods to them for automated card processing.
Multi-currency cash
Keep balances in base and bank currencies, and revalue cash accounts as exchange rates change.
Cash reports & forecasts
Built-in reports for reconciling balances, monitoring short-term reserves, and reviewing forecasts, with drill-down.
Cash account security
Restrict access to cash accounts, and reject dates that fall outside the master financial calendar.
Frequently asked questions
How does cash management connect to the rest of the system?
It pulls cash transactions from the general ledger, payables, and receivables into one workspace. Transactions tied to a vendor or customer also create the matching AP or AR entries and update balances.
Can bank reconciliations require approval?
Yes. Reconciliation statements can go through an approval workflow, which strengthens internal controls and gives auditors clear evidence of review.
Does it handle petty cash?
Yes. Petty cash is tracked alongside bank accounts, with transaction history by date range and the ability to add or clear transactions from the inquiry screen.
Can we transfer money between accounts in different currencies?
Yes. Transfers track funds in transit, and the system calculates realized currency gains or losses automatically when accounts use different currencies.
See NonProfit+ in action
Take a guided tour and see how nonprofit accounting, fund management, and grant tracking come together in one system — with unlimited users.