1.5 Virtual Accounts Management

This topic provides information about enhancements in the Liquidity Management.

As part of this release, Virtual Accounts Management module has been enhanced with following features:

Table 1-10 Enhancements in Virtual Accounts Management

Field Description
View Unmasked Virtual Account Number A new feature has been added on the Virtual Account Details screen, allowing users to view the entire Virtual Account Number in clear text. The Virtual Account Number is initially displayed in a masked format (for example, XXXX-XXXX-XXXX-1234). On clicking the Eye icon, the full Virtual Account Number will be displayed until the user navigates away from the screen or taps the Eye icon again.
External Reference Number in Virtual Account Statements A new column, Reconciliation Reference Number, which is passed by an external application, has been incorporated on the Transaction Inquiry screen. This enhancement helps corporates reconcile their statements faster.
Updates in System Configuration Screen – Virtual Account Management Tab The existing Virtual Account Management section has been enhanced to simplify the categorization of various configurations related to Virtual Account Management transactions. The following improvements have been made:
  • A more user-friendly property name
  • Property description to help users understand the nature of the transaction.
  • The sequencing of transactions based on their relevance.

Parent topic: Features and Enhancements