[CM] Removing Old Entries in CM Clear Entries

Old or unreconciled entries in CM Clear Entries (like go-live entries) can be removed from Cash Management.

Steps

1. Check GL Posting Requirement:

   • If the entry should post to GL, leave GL Interface Level as Summary or Detail.

   • If it should not affect GL balances, set GL Interface Level to No Update in CM > Programs > CM Company Parameters and Save.

2. Create a CM Outstanding Entry:

   • Go to CM > Programs.

   • Enter the opposite of the transaction you want to clear.

     • Example: To clear a check of $584.95, create a negative Check, Deposit, or Adjustment.

   • Use the same CM Ref as the original, increase Reference Seq to 1.

   • For Check or Adjustment: enter a negative amount.

   • For Deposit: enter a positive amount.

   • Optionally, add Payee & Description (for reference only).

   • Enter a GL Account (required to save, but nothing posts if GL Interface is No Update).

   • Save, File & Process Batch.

3. Offset the Old Entry:

   • Go to CM Clear Entries and apply the new Outstanding Entry to offset the old one.

4. Restore GL Interface:

   • Return GL Interface Level to its original setting if it was changed to No Update.