| # To set up Cash Management To set up Cash Management consists of the following steps: Amounts In the CMG Parameters (tfcmg0100s000) session, you must define the CMG parameters. You can define parameters for the following processes: Payments Direct debits Various cash management options The way in which LN handles such processes as: Advance payments and receipts The cash forecast Electronic bank statements Cash application, Factoring Trade notes DAS 2 reporting Cash application Set up the bank relations In the Bank Relation (tfcmg0110s000) session, you can define your bank relations. If you use several bank relations, which bank you use can depend on several conditions. For details, refer to Bank distribution. Payment methods and receipt methods In the Payment/Receipt Method (tfcmg0140s000) session, you must define payment methods and receipt methods. The payment methods and receipt methods define the sessions in which you enter transactions of the specific method, and the type and the format of the bank file or report that LN generates. For details, refer to Payment Methods. Payment authorization You can set up various types of payment authorization. For details, refer to Payment authorization in Cash Management. Electronic bank statements (EBS) You can set up Electronic bank statements as described in To set up electronic bank statement processing. |