Summary - This article covers how users can use the cash plan to plan their payables activities and lists the required permissions.

TABLE OF CONTENTS

• Cash Plan in Monitor Cash and Forecast Cash Flow:
  • Using Cash Plan for Payables:
    • Planned invoices in Manage Payables:

Cash Plan in Monitor Cash and Forecast Cash Flow:

• Cash Plan enables users of Centime to plan their payables activities and view the impact on their closing balance and cash flow.

• Users can access the cash plan from the “CASH PLAN’ tab in the Monitor Cash and Forecast Cash Flow solution.

• The landing consists of a cash impact graph and a table with invoices on which payments can be planned.

• Users are able to view the impact of their planned activities on their cash flow with the cash flow graphs.

Using Cash Plan for Payables:

Users with the permission ‘Plan Payables’ are able to plan payables in the Cash Plan.

Planning:

• From the table, users can select one or multiple invoices to plan payments.

• Users are able to view and plan on invoices with the status “Ready to pay’, ‘Failed’, and ‘In process’.

• Users can modify payment amount, payment method, and payment date in a plan.

• Once a plan is saved, the planned invoices are indicated with a ‘P’ icon.

• Users are able to view the impact of the planned actions on the cash impact graphs.

Permissions needed to access this feature:

Planned invoices in Manage Payables:

• In Manage Payables, planned invoices are marked with a ‘P’ icon.

• Users can view the payment amount, payment date, or the payment method set in the plan.

• Payables users can accept a plan by scheduling the payment on the invoice. 

• Payables users are able to change the plan by modifying the payment amount, payment method, or payment date. When a plan is modified, the ‘P’ icon is dismissed but the suggested plan is recorded in the invoice history section.

Permissions to access this feature: