Routing

 

The verifying unit opens a CMD document and groups approved cash receipts into one or more deposits. Multiple interim deposits can be made on a single CMD document and the document is submitted with a final deposit.

 

Additional CR documents that are processed and approved after the opening of the CMD document can be grouped into deposits as well.

 

There can be only one unapproved CMD document for a verifying unit at a time, and only one user may have that document open. That user may save the document at any time, at which point any other user authorized for the verifying unit may open it.

 

After a CMD document is submitted, it is automatically approved and does not route. This document only creates General Ledger Pending entries when the Flexible Bank Offset is turned on.

More:

Flexible Bank Offset