<PAGE> PAGE 1
000 B000000 01/31/97
000 C000000 0000740123
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 DREYFUS TAX EXEMPT CASH MANAGEMENT
001 B000000 811-3954
001 C000000 2129226754
002 A000000 200 PARK AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10166
002 D020000 0144
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
015 A000001 THE BANK OF NEW YORK
015 B000001 C
015 C010001 NEW YORK
015 C020001 NY
015 C030001 10286
015 E010001 X
015 A000002 BANKERS TRUST COMPANY
015 B000002 S
015 C010002 NEW YORK
015 C020002 NY
015 C030002 10015
015 E010002 X
015 A000003 CHASE MANHATTAN BANK
015 B000003 S
015 C010003 NEW YORK
015 C020003 NY
015 C030003 10172
015 E010003 X
018 000000 Y
019 A000000 Y
019 B000000 152
019 C000000 DREYFUSFAM
022 A000001 BT SECURITIES CORPORATION
022 B000001 13-3131014
022 C000001 629005
022 D000001 493245
022 A000002 GOLDMAN, SACHS & CO.
022 B000002 13-5108880
<PAGE> PAGE 2
022 C000002 606310
022 D000002 328856
022 A000003 PAINEWEBBER INCORPORATED
022 B000003 13-2638166
022 C000003 527988
022 D000003 361850
022 A000004 LEHMAN BROTHERS INC.
022 B000004 13-2518466
022 C000004 679335
022 D000004 206785
022 A000005 CITICORP SECURITIES INC.
022 B000005 13-2771536
022 C000005 396822
022 D000005 387768
022 A000006 SMITH BARNEY INC.
022 B000006 13-1912900
022 C000006 310952
022 D000006 286493
022 A000007 FIRST CHICAGO INVESTMENT SECURITIES, INC.
022 B000007 36-0899825
022 C000007 291874
022 D000007 236825
022 A000008 MORGAN STANLEY & CO. INCORPORATED
022 B000008 13-2655998
022 C000008 342835
022 D000008 127275
022 A000009 PRUDENTIAL SECURITIES INCORPORATED
022 B000009 22-2347336
022 C000009 226550
022 D000009 218256
022 A000010 J.P. MORGAN SECURITIES INC.
022 B000010 13-3224016
022 C000010 169507
022 D000010 122181
023 C000000 4704246
023 D000000 3170310
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 Y
028 A010000 755848
028 A020000 592
028 A030000 0
028 A040000 763840
028 B010000 676477
028 B020000 550
<PAGE> PAGE 3
028 B030000 0
028 B040000 702211
028 C010000 997061
028 C020000 902
028 C030000 0
028 C040000 792794
028 D010000 836978
028 D020000 1028
028 D030000 0
028 D040000 813794
028 E010000 1066932
028 E020000 1278
028 E030000 0
028 E040000 1104837
028 F010000 1037873
028 F020000 1271
028 F030000 0
028 F040000 846363
028 G010000 5371169
028 G020000 5621
028 G030000 0
028 G040000 5023839
028 H000000 0
042 A000000 10
042 B000000 0
042 C000000 90
042 D000000 0
042 E000000 0
042 F000000 0
042 G000000 0
042 H000000 0
043 000000 142
044 000000 0
053 A000000 Y
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.0
062 E000000 101.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 0.0
062 M000000 0.0
062 N000000 0.0
062 O000000 0.0
062 P000000 0.0
062 Q000000 0.0
<PAGE> PAGE 4
062 R000000 0.0
063 A000000 48
063 B000000 0.0
064 A000000 Y
064 B000000 N
071 A000000 0
071 B000000 0
071 C000000 0
071 D000000 0
072 A000000 12
072 B000000 49727
072 C000000 0
072 D000000 0
072 E000000 0
072 F000000 2874
072 G000000 0
072 H000000 0
072 I000000 0
072 J000000 0
072 K000000 0
072 L000000 0
072 M000000 0
072 N000000 0
072 O000000 0
072 P000000 0
072 Q000000 0
072 R000000 0
072 S000000 0
072 T000000 142
072 U000000 0
072 V000000 0
072 W000000 0
072 X000000 3016
072 Y000000 0
072 Z000000 46711
072AA000000 3
072BB000000 147
072CC010000 0
072CC020000 0
072DD010000 45013
072DD020000 1698
072EE000000 0
073 A010000 0.0000
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 1950
074 B000000 0
074 C000000 1707104
074 D000000 0
074 E000000 0
<PAGE> PAGE 5
074 F000000 0
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 10892
074 M000000 0
074 N000000 1719946
074 O000000 29148
074 P000000 208
074 Q000000 0
074 R010000 0
074 R020000 0
074 R030000 0
074 R040000 8
074 S000000 0
074 T000000 1690582
074 U010000 1646603
074 U020000 44448
074 V010000 0.00
074 V020000 0.00
074 W000000 0.9999
074 X000000 1739
074 Y000000 0
075 A000000 1380104
075 B000000 0
076 000000 0.00
077 A000000 Y
077 B000000 Y
077 I000000 Y
080 A000000 VIGILANT INSURANCE COMPANY
080 B000000 NATIONAL UNION FIRE INSURANCE COMPANY
080 C000000 125000
081 A000000 Y
081 B000000 166
082 A000000 N
082 B000000 0
083 A000000 N
083 B000000 0
084 A000000 N
084 B000000 0
085 A000000 Y
085 B000000 N
SIGNATURE MICHAEL S. PETRUCELLI
TITLE ASSIST TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
<NUMBER> 1
<NAME> INSTITUTIONAL SHARES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1997
<PERIOD-END> JAN-31-1997
<INVESTMENTS-AT-COST> 1707104
<INVESTMENTS-AT-VALUE> 1707104
<RECEIVABLES> 10892
<ASSETS-OTHER> 1950
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1719946
<PAYABLE-FOR-SECURITIES> 29148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216
<TOTAL-LIABILITIES> 29364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1691050
<SHARES-COMMON-STOCK> 1646603
<SHARES-COMMON-PRIOR> 1366812
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (468)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 1646151
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 49727
<OTHER-INCOME> 0
<EXPENSES-NET> 3016
<NET-INVESTMENT-INCOME> 46711
<REALIZED-GAINS-CURRENT> (144)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 46567
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (45013)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9298862
<NUMBER-OF-SHARES-REDEEMED> (9027505)
<SHARES-REINVESTED> 8434
<NET-CHANGE-IN-ASSETS> 244272
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (324)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2874
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3016
<AVERAGE-NET-ASSETS> 1380104
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .033
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.033)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .002
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
<NUMBER> 2
<NAME> INVESTOR SHARES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1997
<PERIOD-END> JAN-31-1997
<INVESTMENTS-AT-COST> 1707104
<INVESTMENTS-AT-VALUE> 1707104
<RECEIVABLES> 10892
<ASSETS-OTHER> 1950
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1719946
<PAYABLE-FOR-SECURITIES> 29148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216
<TOTAL-LIABILITIES> 29364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1691050
<SHARES-COMMON-STOCK> 44448
<SHARES-COMMON-PRIOR> 79823
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (468)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 44431
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 49727
<OTHER-INCOME> 0
<EXPENSES-NET> 3016
<NET-INVESTMENT-INCOME> 46711
<REALIZED-GAINS-CURRENT> (144)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 46567
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1698)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 296940
<NUMBER-OF-SHARES-REDEEMED> (332781)
<SHARES-REINVESTED> 466
<NET-CHANGE-IN-ASSETS> 244272
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (324)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2874
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3016
<AVERAGE-NET-ASSETS> 56852
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .030
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.030)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .005
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
<NUMBER> 3
<NAME> ADMINISTRATIVE SHARES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1997
<PERIOD-END> JAN-31-1997
<INVESTMENTS-AT-COST> 1707104
<INVESTMENTS-AT-VALUE> 1707104
<RECEIVABLES> 10892
<ASSETS-OTHER> 1950
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1719946
<PAYABLE-FOR-SECURITIES> 29148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216
<TOTAL-LIABILITIES> 29364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1691050
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (468)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 49727
<OTHER-INCOME> 0
<EXPENSES-NET> 3016
<NET-INVESTMENT-INCOME> 46711
<REALIZED-GAINS-CURRENT> (144)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 46567
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 244272
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (324)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2874
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3016
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .006
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.006)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .003
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000740123
<NAME> DREYFUS TAX EXEMPT CASH MANAGEMENT
<SERIES>
<NUMBER> 4
<NAME> PARTICIPANT SHARES
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> JAN-31-1997
<PERIOD-END> JAN-31-1997
<INVESTMENTS-AT-COST> 1707104
<INVESTMENTS-AT-VALUE> 1707104
<RECEIVABLES> 10892
<ASSETS-OTHER> 1950
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1719946
<PAYABLE-FOR-SECURITIES> 29148
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 216
<TOTAL-LIABILITIES> 29364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1691050
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (468)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 0
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 49727
<OTHER-INCOME> 0
<EXPENSES-NET> 3016
<NET-INVESTMENT-INCOME> 46711
<REALIZED-GAINS-CURRENT> (144)
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 46567
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 244272
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (324)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2874
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3016
<AVERAGE-NET-ASSETS> 0
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .006
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.006)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .006
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
