Account Sweep
Account Sweeps are a movement of funds from one virtual account to another targeting to maintain the defined minimum or maximum amount of account balances. With this functionality, you can set up balance sweeps among virtual accounts that are part of the same structure and currency. You can also perform sweeps among accounts in a cash pool group.
Define Sweep Type
POSTCreates sweep type for virtual accounts.
Amend Sweep
PUTAmend existing sweep setup for example the sequence , minimum and maximum amount
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Creates the basic details of a group for a sweep. A group is a collection of accounts that are linked for cash pooling purposes
Create a Sweep
POSTCreates sweep with rules which will be checked against to see if a transfer of funds needs to be made from one account to another.
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Amends the basic details of a group for a sweep. A group is a collection of accounts that are linked for cash pooling purposes.
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Creates intra-day sweep for virtual accounts. This is used to run the cash pooling on-line if the group permits.
Create an Asset
Collection of end points that relate to Tangible asset, arrangement and covenants creation, enables creation of Land & Building, Equipments, Specialised Assets
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Creates assets that fall under classification of vehicles
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Creates assets that fall under classification of equipments
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Creates assets that fall under classification of land & buildings
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Creates assets that fall under classification of specialised assets.
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Registers the tangible asset into the system by capturing the basic details like asset class, asset type, cost details, depreciation details.
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Creation of hire purchase agreement for the customer with terms & conditions.
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Creation of lease agreement for the customer with terms & conditions.
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Creation of chattel mortgage agreement for the customer with terms & conditions.
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Captures and accepts new insurance for an asset, specifying details such as the insurer, coverage amount, policy number, and coverage period.
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Captures and accepts details based on the the outcome of an inspection, including data such as the inspector, inspection date, status, and any comments about the assets condition.
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Captures and accepts details when an asset has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Captures and accepts details when a vehicle has been inspected and officially accepted by the organization, documenting the data such as acceptance date, accepting party, and status.
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Activation of an asset finance agreement. This action marks that the asset is delivered to the lessee and the contract terms are initiated.