Accounting Tools

OCTOBER 28, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Notional Pooling? Notional pooling is a mechanism for calculating interest on the combined credit and debit balances of accounts that a corporate parent chooses to cluster together, without actually transferring any funds between the accounts.

Bank Reconciliation 40

Bank Reconciliation Tax Accounting Accounting 40

Accounting Tools

SEPTEMBER 4, 2023

Related Courses Corporate Cash Management Treasurer's Guidebook What is Notional Pooling? Notional pooling is a cash concentration system that allows cash to remain under local control, but which is recorded at the bank as though the cash has been centralized. These issues are: Availability. Legal restrictions.

Tax 40

Tax Accounting Accounting 40

Accounting Tools

FEBRUARY 5, 2024

What is a Cross-Border Cash Pool? A cash pool is a cluster of subsidiary bank accounts and a concentration account into which funds flow from the subsidiary accounts. Related AccountingTools Courses Corporate Cash Management Treasurer's Guidebook Related Articles Bank Overlay Structure Notional Pooling Single Currency Center Model

Accounting 40

Accounting Accounting 40

Accounting Tools

SEPTEMBER 4, 2023

This may involve the use of notional pooling or cash sweeps. Related Articles Treasury Workstations Cash concentration. Create a system for funneling cash into a centralized investment account, from which cash can be most effectively invested. Investments. All other tasks of the department support these functions.

Budgeting 40

Budgeting Accounts Receivable Accounts Receivable Account Receivables 40

Accounting Tools

SEPTEMBER 4, 2023

A cash sweeping system (also known as physical pooling) is designed to move the cash in a company’s outlying bank accounts into a central concentration account, from which it can be more easily invested. Related Articles Cash Concentration Concentration Account Notional Pooling Sweep Account

Deposits 40

Deposits Tax Accounting Accounting 40

AvidXchange

MARCH 1, 2024

In this article we’re going back to basics, explaining what AP automation is, how it differs from manual AP processes and what benefits AP departments can expect from automating. No time to read? So now they can actually do some research and some historical data pooling and really be able to present that as a cost savings measure.

AP 52

AP Accounts Payable Accounts Payable Purchase Order 52