Cash Management in General Ledger

Cash Management in General Ledger

Charitable organizations use a wide variety of techniques for maintaining adequate cash resources (for Grant making) in their checking account, and tracking asset account balances in the FIMS General Ledger.

NOTE: In this document the term "account" is clarified as either a bank account or a G/L account. For example, the G/L account that represents a Fund’s share in a bank checking account will be called a G/L checking account. The G/L account that represents a Fund’s share in an investment pool will be called a G/L pooled asset account.