Why Cash Management?

Use Cash management to manage your organization's bank and cash accounts with less manual effort. This area helps you review activity in one place, resolve exceptions sooner, and keep reconciliation work moving.

Cash management supports faster day-to-day work with tools to:

• Add bank account adjustments directly, or from journal entries, to keep records accurate.

• Reconcile general ledger cash accounts with bank statements using bank feeds or manual matching.

• Clear transactions electronically and monitor reconciliation history.

• Import batches from Raiser's Edge NXT to reduce duplicate entry across workflows.

Tip: To set up Cash management for a bank account, configure your settings in the subledger settings.

For each account, you can review a detailed register of deposits and payments with receipt-level visibility. You can also associate multiple cash accounts with one bank account, or keep a one-to-one relationship, based on your reporting and reconciliation needs.

Regular reconciliation in Cash management helps you confirm balances and find issues sooner, such as bounced checks, overdrafts, or mismatched entries. Automated deposit matching and integration with Blackbaud Merchant Services and Raiser's Edge NXT help reduce manual review time.