Hello, we are interested in hearing from anyone who is using cash management to reconcile their bank accounts. UB are using PS Financials 9.0 and also Campus 9.0. Since going live we have had continuing problems with cash management. Certain transactions were not being picked up by Cash Management. This problem mainly exists with Campus Solutions based transactions. We have had to modify the rule base to pick up additional transaction types and exclude certain others. This has worked but only partially.
One alternative is to use the GL bank control account as the source for cash management transactions, instead of campus being the transaction source. I appreciate that a straight GL bank rec may not be as strong a control as a cash book to GL rec.
If anyone has tried this I would be most interested in hearing from you, any alternative suggestions would also be most appreciated.
Thanks
Keith
Keith Caldwell
Acting Director Reporting Accounting & Compliance
Finance Portfolio
University of Ballarat
Phone: +61 3 5327 6242
Mob: 0407 879958