Cash Management module in QFund manages cash operations. It enables you to allocate and de-allocate cash entities like safe and cash drawer depending on the access rights. It also shows the transfer and movement of funds between the entities. Essential bank transactions like deposit and withdrawal are also logically represented.

Following are the features that are provided by the QFund solution for the effective and efficient management of cash operations:

• Assigning safe to an employee to transfer funds from the bank to a safe and de-assigning at the end-of-day

• Mid-day deposit of Checks (Deposited, Payment, Check Cashing) and Cash to Bank before the End-of-Day processing and store close

• Ability to balance the safe and verify the actual balances against the counted balances

• Enables tracking of withdrawals from the funds by employees for managing stores

• Ability to transfer funds to various drawers in the store or even to other stores.

• Assign and de-assign a drawer to an employee enabling the tracking of transactions and fund management by employee and by drawer

• Ability to balance the safe and verify the actual balances against the counted balances

• Ability to make intra-store transfers viz. Drawer–to-Drawer and Drawer-to-Safe

• Ad-hoc Receipts and Ad-hoc Payments for carrying out the miscellaneous transactions in the store

• Enables easy calculation of money through entering number of notes and coins per denomination

• Business rules aligned alerts for crossing the pre-defined cash limit in a drawer to avoid mismanagement of cash