Cleared Amt

Cleared Amt field on the CM Clear Entries form

This field automatically defaults the total Amount of the transaction. If the actual amount cleared by the bank differs from the default, enter the cleared amount. The line’s color will change to Yellow to indicate that there is a discrepancy between the transaction’s amount and the cleared amount. These discrepancies can be reviewed by printing the CM Differences report.

Note: If you clear a voided check (those with Void column set to Y), the cleared amount will default to 0.00 since no true amount is being cleared.