The solution for optimally managing your cash and the related operators, keeping all transactions up to date and under control.
Mago4 – Cash Management
With this module you can record all the debit and credit transfers of money (including collections and payments) using a special data-entry session. Periodically, after the appropriate checks for correct balancing, this session is consolidated and posts pure accounting entries.
You can associate every cash desk with a default currency and, in case, with a default operator that is automatically proposed at the opening of the cash session, based on the used login.
EASY TO USE
PTo use this module, your operator does not need to know accounting principles (e.g. credit and debit). All operations are accessible with the touch of a specific button: money transfer in, money transfer out, advance/collection from customer, advance/payment to supplier, advance for expenses and expenses/income. In addition, on opening the cash session, the operator can verify the cash balances accounting correspondence and start recording all the transactions.
EASY TO CHECK
You can display the progressive balance in every row, related to the transaction recorded. The initial and final cash balances are always under control. If an error is made, Mago4 does not allow its correction but rather allows it to be reversed via a special button.
COLLECTIONS AND PAYMENT
When you record a collection/payment transactions, this is linked to scheduled payments, which are immediately updated by the cash clearing.
Thanks to a specific procedure, you can post the cash session, generating the accounting entries.