Why Cash Management?

User Cash management to efficiently manage your organization's bank and cash accounts. This module serves as a central hub for all cash inflows and outflows, offering tools to:

• Add bank account adjustments directly or from journal entries.

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

• Electronically clear transactions and monitor reconciliation history.

• Import batches from Raiser's Edge NXT to streamline cross-platform workflows.

• Tip: For details about how to set up Cash management for a bank account, see Enter Cash management settings.

For each account, you can view a detailed register of deposits and payments, including receipt-level visibility. You can also associate multiple cash accounts with a single bank account or maintain a one-to-one relationship, depending on your needs.

Reconciliation tasks in Cash management help ensure your accounts start balanced and stay balanced. Regular reconciliation—daily or monthly—can alert you to issues such as bounced checks, overdrafts, or mismatched entries. This process is further supported by automated deposit matching and integration with Blackbaud Merchant Services and Raiser's Edge NXT.