Cash Pools
Money in eleven accounts earns nothing while an overdraft in the twelfth costs eight per cent. Physical pooling moves the money and creates real intercompany loans; notional pooling only nets the interest.
Where to find it
- Module: Accounting
- Group: Working Capital
- Section: Treasury
- Screen: Cash Pools
Address in the console: /accounting/cash-pools
List · 12 columns · 18 fields on its form · 3 of them required · 1 action
What the list shows
These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.
| Column | Kind | Field name |
|---|---|---|
| Pool | Code | code |
| Name | Text | name |
| Type | Status | pool_type |
| Header account | Text | header_account_name |
| Currency | Code | currency |
| Sweeps | Status | sweep_frequency |
| Participants | Number | participant_count |
| Credit % | Number | credit_rate_pct |
| Debit % | Number | debit_rate_pct |
| Last swept | Date | last_sweep_date |
| IC position | Amount | ic_position |
| Active | Yes or no | is_active |
The form
What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.
| Field | Type | Choices | Notes |
|---|---|---|---|
| Code required | Text | ||
| Name required | Text | ||
| Type required | Choice | physical, notional, hybrid, in_house_bank | The accounting consequences are entirely different, and this column decides them. |
| Header account | Choice | Looked up from existing records | |
| Currency | Choice | Looked up from existing records | |
| Sweep frequency | Choice | daily, weekly, monthly, on_demand, none | |
| Sweep at | Time | ||
| Credit interest % | Number | An interest-free intercompany loan is a taxable benefit in most jurisdictions. | |
| Debit interest % | Number | ||
| Rate basis | Choice | fixed, base_plus_margin, market, arms_length | |
| Margin % | Number | ||
| Day count | Choice | actual_360, actual_365, 30_360, actual_actual | |
| Intercompany receivable account | Choice | Looked up from existing records | |
| Intercompany payable account | Choice | Looked up from existing records | |
| Interest income account | Choice | Looked up from existing records | |
| Interest expense account | Choice | Looked up from existing records | |
| Active | Yes or no | ||
| Description | Long text |
What you can do here
Sweep primary
Asks for: Sweep date
The rules that apply here
Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:
- Narrowing a list — search, conditions, sort, totals, export and saved views.
- What may be changed — the five grounds a record may not be edited on.
- Companies and business units — what the switcher above this list is doing to it.
- Creating a record — required fields, where choices come from, and how the number is allocated.
- Importing a spreadsheet — this screen accepts one, and it runs through the same rules as typing.