Cash management

You can support your cash management activities by consuming and filtering events that affect balance accounts.

Value-date accounting

The Accounting report uses value-date accounting. When you reconcile your transactions, note the difference between the booking date and the value date. The booking date is when the transaction took place, and the value date is when the actual balance is credited or debited in your balance account. In the example report below, the transaction was received, authorized, and captured on 2022-04-28. The value date is 2022-04-30 when the balance is available.

You can also use the Balance report to reconcile your balances.

Bank and internal transfers

Bank transfers involve an external bank account and are money-in, money-out transfers. Money movement between balance accounts is referred to as an internal transfer. These internal transfers have the same structure as payments: a transfer and a transaction part. You can differentiate between bank transfers and internal transfers by looking at the following columns and corresponding values:

• Category: the product category. For example, internal shows activity between two balance accounts and bank shows that an external IBAN is involved.
• Type: the type of the event. For example, internalTransfer and bankTransfer identify the source and destination of the transfer.
• Status: the status of the type. Both events follow the same flow.

Here is the flow for a bank transfer.

To reconcile an internal transfer, match the rows in the report that have the same Reference For Beneficiary. This value is set when making a POST API request for the transfer. In order to reconcile a bank transfer, use Description, Reference, or Reference For Beneficiary.