Basic Treasury Management Concepts
No Thumbnail Available
Authors
Allman-Ward, Michele
Sagner, James S.
Issue Date
2007
Type
Book chapter
Language
en_US
Keywords
Business , Treasury management , Float , Availability , Earnings credit rate , Sweeps , Account analysis , Fedwire , Automated clearing house (ACH) , Checks , Lockbox , Controlled disbursement , Positive pay , Reconciliation , Comprehensive payables
Alternative Title
Abstract
Treasury management involves various activities that focus on working capital, particularly cash. The cash flow timeline displays the collections and disbursements of a company, allowing treasury to manage inflow and outflow activities. Collection activities involve Fedwire, ACH, purchasing cards, and checks, managed both through lockbox and conversion to electronic funds transfer. The objective is to optimize mail, processing and availability float. Concentration systems are used to mobilize funds in collection accounts and to fund disbursement accounts. Disbursement techniques include controlled disbursing as supported by positive pay and reconciliation, and comprehensive payables.
Description
We do not have permission to post this book chapter and do not have access to it through our databases. Please use the link to the WorldCat database to find a library with the book or request it from your library through inter-library loan.
Citation
Publisher
John Wiley & Sons, Inc.