![]() Positive balances in subaccounts are Concentrated.Įxample 1: When activity type is bidirectional and the sub bank accountĬash position is - 12, 000 USD, Cash Sweep understands that the funds need Negative balances in subaccounts are Funded and If the cash position of the subaccount is positive, Cash SweepĪssumes that there is a surplus of funds and moves funds from the subaccount The subaccount is negative, Cash Sweep assumes that here is a shortage ofįunds in the subaccount and moves funds from the master bank account to the This activity type moves funds into and out of the master bank accountĭepending on the of the calculated transfer amount. This activity type moves funds out of selected sub bank accounts to This activity type moves funds out of the master bank account to the The activity type that you select for a physical cash sweep structureĭetermines how the funds will be moved. You cannot change these values unless you select Master bank and bank account for a cash sweep structure, the sweep currencyĪnd business unit used to set up the bank account display as default valuesįor the cash sweep structure. However, you can select the same external bank account as the master bankĪccount across multiple physical cash sweep structures. Only select one master bank account for each physical cash sweep structure. You identify an external bank account as the master bank accountįor this cash sweep structure and identify one or more sub-accounts. You set up a physical cash sweep structure across multiple externalīank accounts. You can update this structureĪnd change the effective date to keep track of any changes you make. Structure as of a specified effective date. To perform a cash sweep, you must set up an active physical cash sweep This section presents an overview of a cash sweep structure and discussesĪpprove a cash sweep structure and run the Cash Sweep process. Generate transfers using bank transfer or EFT request.Ĭomplete these prerequisites prior to setting up a cash sweep structure:ĭefining and Approving a Cash Sweep Structure Review and update the cash sweep results. You must approve any new or modified cash sweep structure before youĬan run the Cash Sweep process (TR_CSH_SWEEP). The cash sweep structure consists of a master account, overall processingĪttributes, sub-accounts and sub-account processing attributes. ![]() You set up the cash sweep structure across multiple external bank accounts. ![]() The Cash Sweep process flow includes these steps: The functionality of these PeopleSoft Treasury features:įund transfers - Bank account and EFT (electronic fund transfer) ![]() Process cash sweep and review the results.Ĭash Sweep enables you to perform a sweep across multiple external bankĪccounts to manage the liquidity in your organization. This chapter presents an overview of the cash sweep functionality andĭefine and approve a cash sweep structure. Performing Cash Sweep to Manage Liquidity PeopleSoft Cash Management 9.1 PeopleBook ![]()
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