某咨询财务管理最佳实践之现金管理

BestPracticeFinancialProcesses:

CashManagementCashManagement-BestPracticeObjectivesCashManagementObjectivesOrganisationPeopleProcessesControlsMeasuresInformationSystemsManageshorttermliquidityandlongtermfundingrequirementsMinimisecompany’scostofcapitalEfficientlymanagetheprocessingofcashtransactionsEffectivelyforecastcashrequirementsManagepettycashefficientlyCentralisedcashoffice&poolingIntegratedwithAccountsfunctionsRecord/managereceiptsandpaymentsManagecashpositionPerformreconciliationsPerformperiodendclosing&reportingPolicies&ProceduresBankliaisonAuthorisationlimitsInternalcontrolsSpeedofreportingAccuracyofforecastingReturnonCapitalIntegratedbankaccountwithsub-ledgersAutomaticbankreconciliationsOn-line/realtimeCashforecastingCashmanagementskillsLiaisonwithfinancialinstitutionsProcessFeaturesSegregatecashmanagementfromaccountsreceivableandaccountspayablefunctionsLocalisecashcollectionMinimiselevelofpettycashrequirementsTransmitmechanismsevaluatedoncostandriskbasisCreatenettingarrangementwithinternalbusinesspartnersObtainpan-EuropeanbankingfacilitiesthatallownettingoffofaccountbalancesMapcashcollectionandpaymentcycles,identifyactionstominimisetheseperiodsMinimumnumberofbankingrelationshipsmaintainedtoensurecoverageandpurchasingpowerClearunmatchedcashwithin1dayRegularreconciliationofallcashbooks.MaintainpettycashimprestsystemsObtainaccesstoonlinebankstatementsMonitorthecostofcashtransmissionmechanismsCashbalancesreportedonadailybasisbyaccountandbusinesscentresTreasurydetermineshorttermcashrequirementsfromcashforecastanddailyreportCashsurplusesmanagedbyTreasuryPettycash/foreigncurrencyfloatsperiodicallyauditedCompanyloanaccountsreconciledmonthlyTreasuryconsolidateandmanagecashforecastrequirementsMonitorbankfacilitiestominimiseinterestpaymentsandmaximisereceiptsForecastcashonaregularbasis:rolling12monthforecast-annual5yearaheadreviewsCashManagement-BestPracticeFeaturesEstablishandmaintaincashcontrolmechanismsPerformbankreconciliationsReportandmanagecashbalancesForecastcashrequirementsSystemFeaturesEDIusedformajorityofpaymentsandreceiptsComprehensivesystemsecurityandpasswordfeaturesforpaymentMulti-currencysystems.TransmissionusedforbankstatementsBankremittancenoticesissuedwithsalesinvoicesElectronicreconciliationofbankstatementandcashbookCurrencyratesavailableforsterlingequivalentsIndividualbankaccountcashbalancereportsproducedonadailybasisSummaryconsolidatedcashreportsavailableon-linetoTreasuryIntercompanynettingbankaccountsreconciledautomaticallyIntegratedenquiryfromcashbookentriestosub-ledgersAutomaticproductionofcashforecaststatementsfromcommitment/accrualaccountingProjectanalysisandcontrollinkedtofinancesystemsAnalysisbymarketshare/productcostetcCashManagement-BestPracticeFeaturesEstablishandmaintaincashcontrolmechanismsPerformbankreconciliationsReportandmanagecashbalancesForecastcashrequirementsCashManagement-CriticalSuccessFactorsTheseareasummaryofthekeybusinessrequirements,whichmustbemettoachieveCashmanagementobjectives.ElectronicInterfaceswithAccountsPayable,AccountsReceivable,PayrollandGeneralLedgerEstablishandmaintaingoodrelationswithbanksAgreeFinancetermsReconcilebankaccountsonaregularbasisEDIforthemajorityofpaymentsandreceiptsAutomatedbankreconciliationsystemsandprocessesCashmonitoringandforecastingtechniquesprovidefirstclassaccuracyIntegratedonlinesystemstoaudittrailcashtransactionsOperateminimumpettycashandforeigncurrencyfloatsSeparationofCashmanagementstaffdutiesfromotherfinanceoperationsCashManagement-Measures/CostDriversMeasuresCostofCapitalNumberofbankaccountsNumberofbankingrelationshipsNumberofoutstandingreconcilingitems<3monthsoldDifferenceofinterestrateofcashaccountsvs.MoneyMarketratespercurrencyPercentageofcashtransactionseffectedelectronicallyNumberofdaysinobtainingvalueforfundsFloatingdaysperbank CostofcashfunctionasapercentageoftotalfinancecostNumberofcashtransactionsperFTENumberofunreconciledcashtransactionsNumberofaccountsoutsidecashpoolingCashManagement-Measures/CostDriversCostDriversElectronicpaymentandreceiptmechanismsNumberofbankinglocationsandbankaccountsNumberofinternationallocationsSysteminterfacesavailableforcashentriesTypesofpaymentsandcurrenciesusedNumberofpettycashsitesNumberoftransactionsperdayExtentofgovernmentregulationCashManagement-Level0ContextDiagramCashManagementBudgetingandcontrolCashofficeManagementteamAuditPurchasingAccountsreceivableAccountspayablePayrollBanksGeneralledgerFinancialinstitutionsCashforecastingCashflowmonitoring&forecastingCheckreconciliationsTreasuryexpertiseRemittancesCommitmentdetailsPettyCashProcessReceiptsProcessPaymentsPayrollpaymentsCMdetailsBankStatementsSalesorderprocessingSalesordersCashrequirementsCashManagement-Level1OverviewCustomeraccountsCashiersBankCM&BillingsystemRecordreceiptsDailybankingReceivecashchequesbankreceiptsReceiptinformationincludedincashbookandGLAPcontrolsAuthorisationPaymentTermsMatchingrulesAuthorisedinvoice/expense,DD/SO,Otherpayments,CashCashOffice(CO)APdepartment&systemBankFDPayrolldepartmentPersonrequestingcashReconciliationproceduresExceptionreportsClearunmatcheditemsJournalrulesReconciledcashbooksCashOffice(CO)APreportCustomeraccountsManagementAccountantBankPaymentinformationincludedinAP(cashbook)andGLReportingproceduresReviewBenchmarkingCashmanagementstaffBankTransmissionMechanismCloseprocedureReconciliationproceduresForecastingrulesandproceduresReportingformatsForecast&ReportingTimetablesFinancialaccountantCashmanagementstaffAPCustomerAccountsSales&MarketingCustomerEngineeringStrategicPlanningManagedcashReportsBankstatementsCashforecastsConfirmarrangementsLoandetails&repaymentschedulesProcessreceiptsCM1.1ProcesspaymentsCM1.2ReconcilebankstatementstoledgersCM1.3ManagecashpositionCM1.4Periodendclosingforecasting&reportingCM1.5CashupdatesCurrentbankingtermsandtransactionratesCashManagement-Appendix1:IDEFProcessFlowThediagrambelowprovidesakeytotheprocessdiagramsusedinthisdocument.Process/activityControls(i.e.ProceduresStandardsRequirementsforrework)Output(i.e.InformationMaterial)Resources(i.e.PeopleFunctionsITsystemsMachines)Input(i.e.InformationMaterial)9、静夜四无邻邻，荒居旧业业贫。。1月-231月-23Sunday,January1,202310、雨中黄黄叶树，，灯下白白头人。。。14:18:2614:18:2614:181/1/20232:18:26PM11、以我独沈久久，愧君相见见频。。1月-2314:18:2614:18Jan-2301-Jan-2312、故故人人江江海海别别，，几几度度隔隔山山川川。。。。14:18:2614:18:2614:18Sunday,January1,202313、乍见翻翻疑梦，，相悲各各问年。。。1月-231月-2314:18:2614:18:26January1,202314、他乡生白发发，旧国见青青山。。01一月20232:18:26下午14:18:261月-2315、比不了得得就不比，，得不到的的就不要。。。。一月232:18下下午1月-2314:18January1,202316、行行动动出出成成果果，，工工作作出出财财富富。。。。2023/1/114:18:2614:18:2601January202317、做前，，能够环环视四周周；做时时，你只只能或者者最好沿沿着以脚脚为起点点的射线线向前。。。2:18:26下午午2:18下午午14:18:261月-239、没有失败败，只有暂暂时停止成成功！。1月-231月-23Sunday,January1,202310、很多事情努努力了未必有有结果，但是是不努力却什什么改变也没没有。。14:18:2614:18:2614:181/1/20232:18:26PM11、成功就是是日复一日日那一点点点小小努力力的积累。。。1月-2314:18:2614:18Jan-2301-Jan-2312、世间成事事，不求其其绝对圆满满，留一份份不足，可可得无限完完美。。14:18:2614:18:2614:18Sunday,January1,202313、不知香积寺寺，数里入云云峰。。1月-231月-2314:18:2714:18:27January1,202314、意志志坚强强的人人能把把世界界放在在手中中像泥泥块一一样任任意揉揉捏。。01一一月月20232:18:27下下午14:18:271月-2315、楚楚塞塞三三湘湘接接，，荆荆门门九九派派通通。。。。。。一月月232:18下下午午1月月-2314:18January1,202316、少年十五二二十时，步行行夺得胡马骑骑。。2023/1/114:18:2714:18:2701January202317、空山山新雨雨后，，天气气晚来来秋。。。2:18:27下下午2:18下下