Cash Resource Planning Solution [C R P ]
Raising the Bar on Cash Forecast
Tracking Credit Facilities in CRP Solution
• A Business may foresee deficits in their Cash Forecast OR
it might have an immediate Funding requirement
• So it borrows money from Banks / Financial Institutions
in the form of different types of Credit Facilities as required.
• Various types of Credit Facilities are provided to Borrowers –
Overdraft, Credit Card, Term Loans, Bills Discounting and so on.
• Each Facility type carries a different Interest rate for different periods
as required / negotiated.
• These borrowings would generally be based on
Credit Facility Agreements (with all terms and Conditions as negotiated).
It is critical that the Businesses track :
► Facilities available on each Credit Facility
► Amounts owed to these Financial Institutions
!
Credit Facilities Manual
Approved
Approval
When the Bank Approves a Credit Facility
Purpose:
• Bank approves a Credit Facility.
Process:
Automatically creates records in both Forecast and Actual Tables.
Input the following details for the approved Credit Facility:
• Credit Facility type • Facility Amount
• Facility Start date • Expiry Date • Interest Rate
and other relevant information
Data Entry sign :
Positive amount (Inflows)
Credit Facility type :
Facility type approved
Menu option :
Transaction
→ Credit Facilities ( Approvals )
Internally saved
CF_Code = Approved
