Workflow Guides

Treasury Management

Setting up a treasury management workflow with Rutter

Introduction

Rutter API provides you with all of the data needed to do treasury management.

  1. Connect to a business entity’s accounting system using Rutter Link. See Getting Started for more info on creating your first connection.
  2. Create or link an Account reflecting your treasury management solution
  3. Understand business metrics with the major financial statements: Cash Flow Statement, Income Statement, and Balance Sheet.
  4. Handle withdrawals and deposits with Journal Entries.

Create a Connection

To begin the process of understanding a business entity's financial health, you must first connect to their accounting system using Rutter Link. For more information on creating your first connection, refer to the Getting Started guide.

Creating a Treasury Management GL Account

A treasury management solution would be classified as an Account with category = 'asset' and account_type = 'other_current_asset'. GET /accounts and POST /accounts let you find or link the required treasury account in the business entity’s chart of accounts.

Understand Business Metrics with the Major Financial Statements

The major financial statements can provide valuable insight into a business entity's financial health.

Cash Flow Statement

The Cash Flow Statement provides information on the cash inflows and outflows of a business entity during a specific period of time. It can help you understand a business entity's liquidity and ability to generate cash.

Income Statement

The Income Statement provides information on a business entity's revenues and expenses during a specific period of time. It can help you understand a business entity's profitability.

Balance Sheet

The Balance Sheet provides information on a business entity's assets, liabilities, and equity at a specific point in time. It can help you understand a business entity's financial position.

Handle bank deposits and withdrawals

When moving money from the business entity’s bank account to and from your treasury management solution, GET /journal_entries and POST /journal_entries let you log the movement of money from one account to another.