Treasury

Treasury helps you to efficiently manage funds in cash funds, bank, currency, special and deposit accounts, and control company payments.

The payment calendar helps you to generate payment schedules and control its timely execution. The payment calendar is generated automatically based on the data on planned funds receipts and expenses.

When scheduling the payment calendar, the application automatically checks whether there are enough funds.

In 1C:ERP, there is the Expenditure request document that helps you to plan company expenses. With expenditure requests, you can:

Record the demand for funds from the company departments
Plan the funds expense and generate the payment calendar
Prevent inconsistent payments
Control the amount of available funds.

Special-Purpose Funds Control

The solution tools help you plan how much funds you need to allocate to department expenses, determine the amount of available funds, and reduce the volume of expenses and control them.

You can control the funds spending limit for the company as a whole and for departments and organizations. Overlimits are controlled when approving the expenditure request.

The Funds spending limits report shows spending limits and the actual expense allowing you to determine which cash flow items are exceeded or whether the limit is not fully spent.

Simplified Planning and Funds Control

You can view the information about planned and actual funds receipts and expenses in a simplified form by using the payment journal. It is useful for working with payment documents:

Analyze a list of registered payments
Register new payments
Register payment orders in the bank statement (posted by the bank)
Export and import payment documents.

Cash Accounting

The application registers the transactions of cash receipts and issues. Access to the lists of directions for funds receipts and issues makes it easier to work on generation of credit slips and debit slips with different types of business transactions:

Credit slip	Debit slip
Payment receipt from cash register	Funds issue to cash register
Customer payment receipt	Refund to customer, etc.
Refund from advance holder	Funds issue to advance holder
Refund from supplier, etc.	Payment to supplier
Receipt from another company

Expenditure requests are the basis for funds issue.

Cash Inventory

Easy-to-use tools allow you to register cash inventory in company cash funds within the application:

Record accounting and actual cash balance
Register cash surplus and shortages.

Non-Cash Accounting

The application records transactions of funds receipts and funds debiting from the company settlement accounts:

Receipt	Debiting
Customer payment receipt	Payment to supplier
Receipt from another company	Issue to advance holder
Cash issue to bank	Customs payment
Loan repayment by counterparty	Loan issue to counterparty, etc.
Other receipt, etc.	Other expense

Exchange with Bank

Using 1C:ERP, you can submit to the bank payment documents for non-cash transfer from the company settlement account in electronic form, and also automatically receive settlement account statements from banks.

You can export payment documents in 2 stages: to the 1C:Enterprise Bank Client file and from it to the Bank Client module.

With DirectBank (direct data exchange), the payment documents prepared in the application are transferred directly to the bank. This method is more secure for the transferred data because it eliminates the intermediate stage of export to the file and does not require the Bank Client module to be installed.

Settlements with Advance Holders

In the application, you can keep records of settlements with advance holders using both cash and non-cash. This records the following transactions:

Purchases of goods and materials
Registration business trip and other expenses.

Validity of advance holder expenses is confirmed by submission of the Expense report documents, which also allow you to control the amount of overspending and spending of funds issued in advance.

The application provides the reports for a comprehensive analysis of the funds issued to an advance holder. The reporting tools help you control both funds transactions and issued advances.

Using reporting tools, you can control issued advances, purchases via advance holders, and funds overspending.

Control of funds transactions:

Control of advances issued to the advance holder
Purchases via advance holders by objectives
Funds overspending by the advance holder.

Control of advances issued to the advance holder:

Analysis of the amount of advances used and returned by the advance holder
Unfinished funds transactions (non-cash/cash)
Recommendations for further required actions (Register expense report, Register issue to the advance holder, etc.)
Control of the debt balance, i.e. the amount the advance holder should account for within the specified period.

Mutual Settlements

The mutual settlements subsystem is responsible for assessing the state and analysis of mutual obligations between the company and its counterparties, and it allows you to:

Keep records of actual and planned debt
Keep records of mutual settlements in details before the contract
Record transactions of setoffs and debt debiting
Generate and approve reconciliation statements of mutual settlements
Analyze the settlements state and identify the overdue debt.

Separate accounting is kept by partners (management accounting) and counterparties (regulatory accounting).

In the application, you can keep records of mutual settlements by contracts (mutual settlements is controlled by the contract as a whole), by orders (the specific order is specified for each payment), and by slips (payment is made in relation to the documents for sales invoice or goods receipt).

To analyze the information about the current state of mutual settlements, the amount of the debt or overdue debt, amounts payable, amounts for shipment, and amounts to receive, there are the following reports:

Statement of settlements with customers
Customer debt
Receivable
Settlements reconciliation, etc.

Receivable/Payable Control

The application enables you to generate receivable and payable reports by different intervals. You can use the default debt interval applied in the company or specify your own intervals.

To analyze the information on the amounts of receivable and payable, there are the following reports:

Receivable allows you to control the receivable state and displays the information on customers with the most overdue receivable within the debt interval
Payable allows you to assess the state of payable by suppliers, amounts, and duration of overdue payable broken down by debt intervals
Partner profile (only if there is one debt classification option).

Offsetting and Debt Debiting

When offsetting the debt, the application records:

Offset between two customers or suppliers within one company - is used to set off the debt between two different counterparties (customers or suppliers) for transactions that are registered in one company
Offset for transactions of one customer or supplier - is used to set off the debts of one counterparty (a customer or a supplier) for different settlements objects within one company
Offset with two companies for one customer or supplier - a counterparty (a customer or a supplier) has paid one company, and the goods are shipped on behalf of another company
Offset of mutual obligations (barter) - is used to set off the debt of the counterparty as a customer or as a supplier.

To record the state of mutual settlements between the particular company and the partner legal entity over the specific period of time, you can execute settlements reconciliation. At the same time, the details by partners and settlements objects are available.

Credit, Loan, and Deposit Accounting

1 C:ERP provides the tools that allow you to:

Enter the opening balance under credit and deposit agreements
Register credit and deposit agreements taking into account the loan repayment terms, interest and commission accruals under each agreement
Calculate and record monthly amounts of commissions and interests under these contracts in the application
Maintain a schedule of deductions and accruals for credits and deposits
Analyze obligations under credit agreements.

When registering credit, deposit, and loan accruals, you can record accruals for received credits and loans, deposits, and issued loans.

In Register of credit and deposit agreements, you can analyze mutual settlements under the concluded credit, deposit, and loan agreements. And Variance analysis of payments and accruals under the contract allows you to track deviations from the actual payments and accruals under the concluded credit and deposit agreements taking the commission into account.