Click the link to start CM and then select Post Entries under the Task menu.

Click the link; then select Post Entries under the Task menu.

Note:  Review posting journals for rejecting entries that must be corrected.

Review the bank account balance verification report to ensure that your bank account balances match the transactions.  If the derived balance and the master file balance do not match, they must be corrected. 

How to correct:

If the rejected entry is for a prior period::

Reconciling CM to CM

Review this summary to determine if your GL cash account balances balance to the CM cash account balance.

When CM transactions are not posted or rejected in GL an out-of-balance condition results. This could occur, for example, when posting to a closed month.  This report will show you if any of these transactions exist.

How to correct:

If the rejected entry is for a future date:

Entries rejecting in a future period

If the rejected entry is for a prior period::

Posted entries to a closed General Ledger period

If the rejected entry is for a recurring transaction to a prior period:

Posted recurring entries to a closed General Ledger period

When a manual entry is made directly to the cash account in GL an out-of-balance condition results. Select this report to identify if this is the case.

How to correct:

Reverse or delete the transaction in General Ledger and enter the correction in Cash Management.

A common cause for out-of-balance in CM is when a voided check creates a transaction in a future period. This causes an out-of-balance situation since they cross month ends. Select this report to determine if this is the case. 

How to correct:

AP Check with a void date in the future and how it affects CM reconciliation to GL

Proceed with step 6 after your CM cash account balances to your GL cash account.

Click the link to launch CM; then click Reconcile under the Task menu.

Print common period-end reports after you have reconcile your CM balances to the GL balances and the bank statement(s).