Cash is king. And knowing where you stand at any moment is important information. The generally understood benefit of an ERP system is that it helps you control your business processes and assets, and reports on the past, present, and future. Having a snapshot of your current cash position is important to effectively manage your working capital.
Ideally you want to know where all your available cash is, what you’re anticipated inflows are, and what your anticipated outflows are. The sooner you know about an anticipated shortfall, the more time and flexibility you have to resolve it. And if you anticipate excess cash (it happens) you can shift it to an alternative short-term investment with a better return.
The Cash Flow Calendar in Dynamics GP give you instant access to this information, along with the ability to drill down to the detail records.
This is a quick video that shows you how to set up and use the Cash Flow Forecast screen in Dynamics GP. This screen will give you forecast cash positions based on existing data in GP, and allow you to easily drill down to the detail records: http://youtu.be/pc0qTctSNes