There aren’t many things that are more important to the financial health of a company than effective cash management. Pegasus Opera Cashbook is a fully integrated application that provides up-to-date information on any number of bank and petty cash accounts created within the Nominal Ledger. This allows businesses to have a complete and up-to-date view of their cash position at all times.
Opera Cashbook can integrate with the Sales, Purchase, Nominal, Payroll, and Invoicing systems in Opera 3 and Opera SE. Receipts, payments, and refunds can be posted from the Cashbook to the Sales and Purchase Ledgers, and a reconciliation feature ensures accuracy.
Note: Because the Cashbook automatically integrates with the Nominal Ledger, it can only be installed on systems that include the Nominal Ledger.
You may access all essential data via on-screen bank reconciliation, which can be saved partially finished to meet the demands of your working day. For increased flexibility, other data such as bank and interest charges can be entered at the point of reconciliation. In addition, all reconciled transactions can be kept for up to 99 periods.
If you run more than one business, you can consolidate the Sales and Purchase Ledgers of each into the Cashbook of a nominated firm of your choice. As a result, many Sales and Purchase Ledgers can be linked to the same Cashbook and Nominal Ledger.
View the Demo
You can view a comprehensive demo of the Pegasus Opera Cashbook below:
The Cashbook is structured into the following sections:
This is where you keep your bank account details. You can keep bank accounts in many currencies to facilitate multi-currency transactions. This is also where receipts and payments are sent to banks, recurring postings are set up, transactions are matched, and your bank statements are reconciled to the transactions in the application.
Batches of receipts and payments are posted to bank accounts in this area. If you have previously banked a collection of receipts and wish to enter them into the cashbook from a hand written paying-in slip, this may be useful. When a batch is finished, you can mark it as finished so that you can start a new batch; however, you can reopen completed batches for editing, such as to add a missing transaction.
This section is a list of the records kept in the Cashbook module. These include records maintained through the various forms, and transactions generated by cashbook postings and other transaction operations.
Reports can be used to view information on your screen, as well as print, and some can be saved as Microsoft Excel spreadsheets. You can also use this page to generate BACS and Single Euro Payments Area (SEPA) files. Most reports offer a variety of options for determining the criteria, range and sequence of records reported.
This is where you configure the Cashbook, delete old transactions from the database, post previously configured recurring entries, and publish opening balances to bank accounts.
This is where you define your Cashbook Type codes for receipts and payments, as well as payee names to record payee details for cheque, BACs, and SEPA payments.
Foreign Currency Bank Accounts
Foreign currency bank accounts are an optional feature of the Nominal Ledger and Cashbook. This enables bank balances and transactions to be held in currencies other than the native currency.
Want More Information on Pegasus Opera Cashbook?
Synergy Technology is a long-term partner of Pegasus Software and have been providing Pegasus Opera Solutions to the UK market for over 20 years. If you would like to book an upgrade, please fill in the form below, and we will contact you to arrange a date. To learn more about anything in this news article please contact the Synergy team today. You can call us on 0345 456 0050 or send us an email via our contact page at any time and we will be delighted to assist you.
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