Manage Cash

Eagle's Accounting solution stores and reports on cash activity from both a traded and a settled perspective. It allows you to settle transactions automatically or manually. The system allows you to settle transactions automatically or manually through a process called Contract Cash. Or if you use cash segregation, you can automatically or manually match actual cash settlement records, called bank settlements, sent to the Eagle system from a bank, custodian, or third party to receivables and payables created in Eagle's Accounting solution. Cash segregation for custody holdings provides a custodian view of transaction activity. You can pair a custody location and bank cash account to facilitate the reconciliation of the accounting quantity and cash back to the custodian.