SMART Cash Flow

SMART Cash Flow extends cash flow forecasting in Microsoft Dynamics 365 Business Central with payment plans for invoices and agreements. Payment plans are set up on customer, vendor and agreement cards, cash flow ledger entries can be edited and split when payment arrangements change, and payments for the selected entries are created in a general journal with the data filled in, which gives finance teams precise control over liabilities and cash flow.

At a glance

• Publisher: SMART business
• AppSource listing: SMART Cash Flow
• Deployment: Business Central online, Business Central on-premises
• Interface languages: English, Polish, Ukrainian
• Requires: SMART Core
• Licensing: Licensing Policy

Capabilities

• Cash flow forecasts are built from payment plans: by agreement, from the payments planned under a contract, or by invoice, from payment conditions; new customers and vendors get a default plan.
• Payments under an agreement can be planned before any sales or purchase document exists, for example a fixed amount every month over a period.
• With a plan by invoice, payment conditions (share of the amount, date formula and base date) turn every released document into a payment schedule; the schedule can be edited and follows partial posting.
• Cash flow suggestions include the contract payment plans and take into account payments already applied to orders and invoices, also in other currencies, so entries that are paid or already in a payment journal are recognized.
• Planned dates and amounts can be edited, and the forecast is updated after a schedule or a released document changes.
• An entry can be split, for example after a partial payment; a split entry in a foreign currency is recalculated at the exchange rate of its date.
• Payments to vendors, customers and employees are created from the selected forecast entries, also by company bank account; once posted, they are applied to the documents and the entries are marked as paid.
• Journal settings can require that payments are created from forecast entries and in the currency of those entries.
• A planned date that falls on a non-working day moves to the next working day for postpayments and to the previous one for prepayments.
• Forecast entries and the cash availability by period can be shown in the additional reporting currency.

Get started

1. Setup — create cash flow accounts for the payment plan source types and set up payment plans, bank accounts and journal checks.
2. Creating of cash flow ledger entries — set up plan entries or payment conditions and register cash flow ledger entries from the cash flow worksheet.
3. Cash Flow Ledger Operations — how entries are generated and updated, and how to edit or delete them.
4. Creation of payments based on Cash Flow Ledger Entries — create, apply and split payments from cash flow ledger entries.
5. Reporting — analyse the availability of cash by period.