Clearing Old Entries from CM Clear Entries Program

There can be old entries in CM Clear Entries you need to remove from Cash Management. Commonly, these are go-live entries that are not required, but they can be other entries that were just never reconciled from years past.

Steps

If these items should post to the GL, then leave the GL Interface Level set to Summary or Detail in CM > Programs > CM Company Parameters.

If that is not the case, and you do not want this change to affect your General Ledger account balances, turn off the GL Interface by setting the GL Interface level to 'No Update'.

The following steps can be used to clear a CM Entry with no entry to the GL:

1. CM Company Parameter > set the GL Interface Level to No Update > SAVE.

2. Create a CM Outstanding Entry (CM > Programs) for the opposite of what you are trying to clear.

• Example: To clear a check for $584.95, you will need either a negative Check, a Deposit, or a negative Adjustment
•  Use the same CM Ref that was originally used, but increase the Reference Seq to 1 from 0. 
•  For a Check or Adjustment type, enter a negative number. If you use a Deposit type, leave as a positive number.
• Optionally, you can enter a Payee & Description. This Payee is for reference only and doesn't link to any other modules.  
•  Enter a GL account. The GL is required for the form to save, but if the GL Interface is set to No Update, nothing will post. 
• Save, File & Process Batch.

3. CM Clear Entries > offset the old entry with your new Outstanding Entry.

 CAUTION: CM Company Parameters > return the GL Interface to the original setting if you set to No Update!