Hello there guys! January 2015 is about to end one week from now so the iCMS 7N will be part of our history (for my co-users of the iCMS 7N). As February 2015 approaches, I am introducing the latest version of iCMS: the iCash Management System 1A.
As you can see on the promotional poster, iCMS will be celebrating its first anniversary. The iCMS 1A will be used for the upcoming month of February. In connection with this, the blog also changes for the celebration of iCMS' first anniversary.
So to start with, I will be discussing what is new in iCMS 1A.
SHORT BACKGROUND
The
iCash Management System 1A (iCMS 1A) is the second system for this year under
the version 7 series thus making iCMS 1A have version 7.1.0. Maybe it is just
destined to have the ‘7.1’ version number because it is my 1st year
using the Cash Management System. Since it is our Anniversary, I have created
something special on the current iCMS. This is why the system has an extension
name of 1A rather than a single letter only (which was the first I planned to
use)
FEATURES
First Sheet
The
iCMS 1A adapts the whole feature of its predecessor, the iCMS 7N. But there
were only some modifications made so that it would be distinct from the
previous one. The whole system is covered in red since February is considered
as ‘Love Month’.
Since
it only adapts the iCMS 7N, the system is still composed of 5 Sections. It has 58 columns but only 38 rows since there were only 28 days
for the month and dates are occupying only 4 week lines (based on calendars starting on a Sunday and ends on the on a Saturday).
Other modifications include the renaming of the Second
Section into Other Cash Transactions
and the third section into Accounts
then making Accounts Receivable and Accounts Payable a division of the Section.
In the fourth section, Cash Flows Division has
been added and Inflow and Outflow Categories were the replacement for the Total
Cash Additions and Total Cash Reductions in iCMS 7N.
Moreover,
Classification Options have increased! Now Cash Receipts (Allowance) on Account
will be have A,P,E for
classification while Cash Payments on the first section will still have
C,A,P,E. The function of E on the CRA will be discussed in the Rules, Guides,
and Tips for iCMS 1A.
Second Sheet
The second sheet contains the same items but the annoying ‘#DIV/0!’
Error will no longer be seen on the Percentage table since the application of
the concealing was extended up to the second sheet.
Several modifications are also made on the second sheet. It
includes the renaming of the Accrued Accounts into Accounts Receivable and
Accounts Payable in the Statement of Financial Position. A major modification
on the Statement of Earnings was made so that knowing the flow of earnings will
be more reliable.
An
addition on the second sheet is the Fund Balance Statement that shows the
summary of the fund established and used during the month. It is found above
the Cash Balance Statement beside the Statement of Earnings.
Other Features
Anniversary Format
Since
it’s our first anniversary, a special, and maybe an exclusive feature
was included in the system. This is a special format where the cells that contain
number 1 (except for the dates so that highlights will not be compromised).
Weekly
Total Cells under Disclosure Areas and the blank cells in the Bottom Rows will
have “1st year of CMS” or “Happy 1st Anniversary” as
content instead of a dash (-) in the Disclosures Area or “N/A” in the bottom
rows.
