The Days of Cash Available page serves as an estimating calculator tool for the State Agency to make any budgetary adjustments to ensure that there are available funds to cover estimated costs through the end of the fiscal year.
From the home page in HANDS click on Finance/ Days of Cash Available in the menu bar. The Days of Cash Available displays with the current fiscal year values by default.
1. The As of date defaults to the SYSDate (today’s date).
2. Enter an As of value.
3. Click the Calculated Days of Cash Available. The Days of Cash Available will calculate values for Daily Spend Rate, Days Available, and Last Date Available for the respective day intervals.
Note: The Projected Rebate Dollar Amount is the sum of all invoices created and/or sent but which payment has not yet been received. These can be found by finding all rebate invoices with a status of Sent, Delinquent and Adjusted (Not Paid) for all months prior to the “As of” date field from the monitoring collections page. Rebates received in the current month are already factored into the Current Reconciled Cash Balance and included in the Rebate Dollars Received for “As of” month. The Rebate Dollars Received for “As of” Month value is the sum of all payments received for rebate invoices from the first of the month through the “As of” date. These can be found by finding all rebate invoices with a status of Paid, paid (Adjusted) and Rebate Received between the first of the month and the “As of” date field from the monitoring collections page.
4. To discard unsaved changes, click the Reset button at the bottom of the Days of Cash Available.
