[CM] CM Clear Entries

CM Clear Entries is used to perform the actual reconciliation process. 

Note: Before doing CM Clear Entries, you will need to make sure that the month you are reconciling is open in CM Statement Control and that a statement balance is entered. 

1. Go to Cash Management > Programs > CM Clear Entries

2. F4 and enter the CM Account - the open statement date will autofill in the Display Through Date and Default Date Cleared

3. Click Refresh to fill the grid. 

4. You can change the items to display

Outstanding Entries: if this is selected, all transactions that haven’t been reconciled yet will show in the grid

Cleared Entries: if this is selected, all transactions that have been reconciled will show in the grid

Note: when you change one of these options, you have to hit refresh again for the grid to update.

5. Go through the transactions that show in the grid and click the checkbox under cleared to reconcile them. 

6. Once everything has been reconciled, check the Balance Info

• The Working and Statement balance should be matching. 

• The Variance should be zero. 

Next, you will want to close the month in CM Statement Control. 

Reports: 

CM Account Statement Report: basically a bank statement but from Vista’s point of view