Eagle Consulting Group Joins Net@Work

Eagle Consulting Group Has Merged With Net@Work, A Top Worldwide Sage Software Business Partner.

The Eagle team will continue to work with you and support your Sage MAS and CRM installations. We remain committed to your IT and business needs - rest assured that the voices and faces you've come to know and trust will still be there to take your calls.

This is a big win our valued customers. With our combined teams we can now offer you expanded services and support, providing a true advisor for all your IT initiatives.

Visit us at www.netatwork.com

Phone: 212-997-5200
575 Eighth Avenue (corner of 38th st.) New York, NY 10018

Phone: 201-735-9560
29J Commerce Way Totowa, NJ 07512

» View Message from Debra Ellis, President, Eagle Consulting

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Eagle Consulting is now part of Net@Work, a leading Sage MAS 500 VAR Headquarted in NY with offices nationwide.

Please call 212-997-5200 or click here For MAS 500 Support, Sales, Consulting in New York, New Jersey, Connecticut, North Carolina, and Texas

Sage MAS 500 Cash Management
Sage MAS 500 Cash Management helps you enter and track many different types of bank transactions. It saves time through simplified deposit generation, reconciliation of entire ranges of transactions, and automatic processing of multicurrency bank transactions. Cash Management provides a comprehensive, efficient solution for managing cash transactions while saving you time and increasing cash forecasting accuracy. Cash Management requires General Ledger, Accounts Payable, and Accounts Receivable, and it can be integrated with additional Sage MAS 500 modules.
Quick Links
Screen Shots Activities Inquires Reports Examples
Setup Utilities Integration
Operational Flexibility
Maintain future cash flows Use the Maintain Future Cash Flows task to select transactions to be included in the Periodic Cash Flow Projections Report and the Daily Cash Flow Projections Report. Batch processing Cash Management processes all transactions in batches. One batch may contain either a single transaction or hundreds of transactions.
Transaction based accounting Cash Management allows you to enter many types of bank transactions, which include deposits, withdrawals, adjustments, interest earnings and charges, bank fees, and transfers between bank accounts.
Set Up
History retention options Sage MAS 500 allows you to implement your company’s data retention policy and determine how long to keep various types of information in your system database. The data retention policy that makes sense for you depends on business needs or possibly government requirements. You determine how long to retain the following: bank account information, transaction information, and statement information. You can override these selections if you perform a manual purge using Purge CM Data. History retained by year You can determine the number of years to retain historical information, such as bank account history. When the specified time is reached, the record is marked as deleted and purged as part of period-end processing.
History retained by month You can determine the number of months to retain the following transaction information: bank transactions and bank statements. At the end of the specified time period, the information is purged as part of period-end processing. Detail options If you choose to post in detail, transactions to the General Ledger Cash and Offset accounts each create a separate line item for the Cash or Offset account when posted to General Ledger. If you do not elect to post in detail, transactions are summarized into one line item for the Cash or Offset account when posted to General Ledger.
Audit trail options Printed reports and registers provide a complete audit trail of detail activity before posting. You can retain detail postings for an unlimited number of years, or you can retain monthly summaries. Unlimited accounts Maintain an unlimited number of banks and bank accounts.
Various tender types Set up tender types to classify the various payment types during cash receipt processing. Fiscal calendar You can change the fiscal calendar and all Cash Management history reflects the new calendar.
Deposit processing Cash Management simplifies the generation of deposits by integrating with the Accounts Receivable module. Automatically create deposits in Cash Management when posting cash receipts in Accounts Receivable. Manually select deposits created from Accounts Receivable. Combine undeposited manual Accounts Receivable cash receipt batches into a single deposit to a specific bank account. Deposit miscellaneous non-customer deposits directly into Cash Management. Reconciling bank accounts When Accounts Payable and Accounts Receivable are integrated with Cash Management, payment and deposit information can be accessed by bank account, which enables quick and easy reconciliation. You can confirm transactions as cleared, both individually and by entire ranges, with just a few keystrokes.
Process bank transactions Use Process Bank Transactions to enter and process a variety of transactions, including deposits, withdrawals, adjustments, interest earnings and charges, and bank fees. Reconcile bank statements Use Reconcile Bank Statements to balance a bank account against a bank statement. You can confirm transactions as cleared, both individually and by entire ranges. While reconciling your accounts, you can enter bank transactions.
Post cash management batches Use Post CM Batches to print registers and post batches for any Cash Management batch. You can also perform this activity in the individual programs from which batches originate; for example, you can post bank transactions in Process Bank Transactions, deposits in Generate Deposits, and reconciliations in Reconcile Bank Statements. On-the-fly transaction entry Enter transactions on-the-fly while reconciling bank accounts.
Drill down Drill down from bank account summary transactions to original documents. For example, from check transactions, you can drill down to the original check and see the details of the check, including such information as the vendor, invoices that were paid, or discounts that may have been taken. For a summarized deposit entry, you can drill down to the original cash receipt and see details of the receipt, including information such as customer, discounts, and the invoices that were paid. Bank account inquiry You can view information such as the account number, current balance, default check form, next available check number, and next available deposit number. You can verify whether you can generate multicurrency deposits or print checks for the specified account.
Bank statement inquiry View all statement information associated with a specific bank, such as the statement date, beginning and ending balance, and status. You can also drill down to the Bank Transaction Summary from here to view the individual transaction if it is an Accounts Payable check or an individual transaction of a deposit, which further allows you to drill down to individual cash receipts. Bank transaction summary View all transactions associated with a selected bank. The information that displays includes the transaction type, description, transaction ID, transaction date, transaction amount, source batch ID, statement date, and status. Use the Options tab to further define the information that displays.
Bank account status inquiry View a summary of all bank accounts. This includes the current balance, last statement date, ending balance of the last statement, and the last transaction posted. You can drill down on the transactions in the grid to view the details of that transaction. For example, from a check transaction you could see the vendor, the invoices paid, and any discounts taken. Bank account history inquiry Use this inquiry to view all historical information for a selected bank account. You can select to display information for a specific year, period, or day.
Screen Shots
Maintain Future Cash Flows
Set Up CM Options
Customize CM Transactions
Customize CM Batches
Process Bank Transaction
Bank Transaction Entry
Generate Deposits
Reconcile Bank Statements
Import Bank Reconciliation
Reconcile Bank Transactions
Bank Account Inquiry
Bank Statement Inquiry
Bank Account Status Inquiry
Transaction Drill Down
Additional Drill Down
Bank Account History
Bank Account Transactions
Purge CM Data
Useful Utilities
Purge CM data
Use Purge CM Data to purge records outside the normal period-end processing. When you purge using this task, you specify the age and record categories to purge, or use the defaults from the data retention selections selected in Set Up CM Options. Import from your bank Import reconciled transactions from your bank.
Integration With Other Sage MAS 500 Modules
General Ledger
General Ledger is required to run Cash Management. When you integrate General Ledger with Cash Management, the chart of account information that you entered in General Ledger is available. Those account numbers are used to define accounts that will be used in Cash Management. For example, when you reconcile bank accounts, the system checks the posting accounts and automatically creates the correct journal entries.

Accounts Receivable
Accounts Receivable is required to run Cash Management. If you have the Accounts Receivable module and you integrate with Cash Management, you can generate and reconcile any deposits that were automatically created during cash receipt processing in Accounts Receivable.

Accounts Payable
Accounts Payable is required to run Cash Management. If you have the Accounts Payable module and you integrate with Cash Management, you can reconcile any checks that you issued in Accounts Payable.

Sales Order
Open sales orders are reflected in the Cash Projections reports in Cash Management.

Purchase Order
Open purchase orders are reflected in the Cash Projections reports in Cash Management.

Multicurrency Management
If you integrate Multicurrency Management with Cash Management, you can maintain bank accounts in any currency, create multicurrency deposits, or enter transactions in a different currency than the home currency.


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