Glossary
API (Application Programming Interface)
An API is a programming interface that enables different applications to communicate with each other and exchange data.
Authentication
Authentication is a method enabling a computer system to verify the legitimacy of an access request before authorizing it…
Bank statement
A bank statement summarizes the activity of a bank account. It lists all the banking operations carried out on the account, …
Beneficiary
In a financial transaction, the beneficiary is the person who receives the money.
Budget management
Budget management is the process of planning, to a greater or lesser extent, a company’s forecast revenues and…
Budget monitoring
Budget monitoring is complementary to budget management. It consists in regularly comparing expenses and revenues…
Budgetary code
A budgetary code is the line item in a Budget. It enables budget amounts to be organized by category (supplier invoices, client payments, …
Cash balance
The cash balance is the difference between collections and disbursements, i.e. the amount of cash available to your company to keep it running.
Deposit slip
The deposit slip is a document handed over by a client to his banker, as part of a deposit or remittance…
Direct debit
A direct debit enables a sum of money to be withdrawn automatically from the debtor’s bank account, as in the case of a subscription, for example.
Direct debit order
A direct debit order is an instruction to a bank to debit an amount due from a specific bank account.
Forecast balance
The forecast balance of your treasury is an indicator to be regularly monitored in your treasury management. It is used to…
Forecast checking
Forecast checking involves verifying whether forecasts have been achieved, and reconciling them with the…
Forecast statement
The forecast statement is a table listing the company’s forthcoming financial transactions each month.
Remittance
Whether you’re talking about a transfer remittance or a direct debit remittance, the remittance form must be filled…
STP (Straight Through Processing)
Straight-through processing (STP) is an automated transaction processing process that uses only electronic transfers, with no manual intervention, …
Third-party database
A third-party database enables you to save your beneficiaries’ bank details for future payments.
Third-party group
A third-party group enables you to group together specific beneficiaries, such as company employees, to facilitate salary payments.
TMS (Treasury Management System)
TMS is the acronym for Treasury Management System, a cash management software package.
Transaction code
Transaction codes enable us to distinguish between incoming flows (collections), outgoing flows (disbursements) and intercompany flows.
Transaction date
La date d’opération correspond à la date du jour d’enregistrement comptable de l’opération par la banque.
Transfer order
A transfer order is given by the owner of a bank account, whether an individual or a company, to pay for a transaction…
Treasury forecast
Treasury forecasts is complementary to a company’s cash flow plan. It consists of listing each month’s forecast collections and disbursements…
Treasury management
Treasury management is defined as the set of methods used to monitor financial transactions in order to optimize a company’s…
Treasury plan
A treasury plan lists all the collections and disbursements of a company over a defined period, with a monthly breakdown…
Treasury transfer
A treasury transfer is the transfer of money between two bank accounts belonging to the same company or group…
Value date
The value date corresponds to the date on which a given bank transaction, whether debit or credit, is booked…