SEPA Standing Order: Cash Flow Integration

365 business Banking includes released standing orders as a separate source type in the cash flow forecast. Each future execution appears there as an outflow.

Business Value

Standing orders such as rent, lease instalments or fees are known in advance. They appear in the cash flow forecast without having to be maintained a second time as manual expenses. The fixed outflows are therefore part of liquidity planning.

Feature Description

• In Cash Flow Setup, you set the cash flow account for standing orders in Standing Orders CF Account No..
• In Suggest Worksheet Lines of the Cash Flow Worksheet, you select the source type Standing Orders, either on its own or together with other source types.
• Each future execution of a released standing order within the planning period is recorded as an outflow with recipient and purpose; foreign currencies are converted at the exchange rate of the execution date.
• From a cash flow forecast entry of this source, you open the related standing order.

Details: Create standing orders and import them from the bank