Date Cleared field on the CM Clear Entries form
If entries were cleared through initialization, this field defaults the Statement Date. If entries are cleared manually, this field defaults the Default Date Cleared specified above. Date may be overridden.
This field is used as the date cleared for entries in the grid. If you clear entries monthly (when you receive your statement), this will most likely be the same as the statement date, and all entries will show the one date as the date cleared. However, if you receive information more frequently from the bank of items cleared, such as daily, then this may be the actual date cleared.