Cash Control Setup

The following tabs and windows are used to set up Cash Control:

• Credit Union Profile - Products & Services tab
• Credit Union Profile - History/Reversals tab
• Location Information window
• Authorized Cash Movements window

The following steps summarize the procedures used to set up the Cash Control subsystem:

1. Instruct Portico Services to set up the Credit Union Profile - Products & Services tab and Credit Union Profile - History/Reversals tab. To activate Cash Control, the Cash Control check box must be selected in the Products section on the Credit Union Profile - Products & Services tab (Portico Host: 904 Transaction - CSH CTL field). The number of days of history the system retains for Cash Control (system default is 90 days) is specified in the Cash Control field in the Journaling section on the Credit Union Profile - History/Reversals tab.
2. Identify all the cash locations at your credit union, including vaults, drawers, ATMs, and banks.
3. Set up the cash locations using the Location Information window so that you can maintain the cash locations.
4. Define two general ledger accounts:
• The cash general ledger account, which replaces the system-defined vault cash general ledger account
• The in-transit general ledger account, which represents money that has been shipped from one location but not received at the desired receiving location
5. Set up the Authorized Cash Movements window so that you can authorize cash movements.
6. Move the cash from general ledger account 739100 to each cash location.