Note: Some states have requirements for processing unclaimed property. Check with your state and local government to verify how to process unclaimed funds.

Option I: Enter an addition adjustment in CM to reconcile along with the checks

Enter an addition adjustment in Cash Management for the amount of the check and reconcile the adjustment and the check. Verify with your accountant about what account(s) should be used as the credit account for the adjustment entry.

• To enter the adjustment, refer to How do I enter a deposit, withdrawal, adjustment, service charge, or other transaction types to a bank account in Cash Management?
• To reconcile the check and adjustment, refer to How do I change the reconciliation status of a transaction in Cash Management? Be sure to use the same Cleared Date on the check and adjustment.

Option II: Make a correcting entry in the application of origin

• For Accounts Payable checks, determine if you will need to restore the invoice and issue a new check or not. Void the check using Specific Date. Refer to How do I void an Accounts Payable check or payment? If a replacement check is needed, print a new check.
• For Payroll checks, refer to the following articles to determine which is appropriate for your situation:
  • What do I do with a payroll check that was never cashed or cleared the bank in Cash Management?
  • How do I reissue a lost check issued in current Payroll year?
  • How do I reissue a lost or damaged payroll check?
  • How do I void and reprint a Payroll check for the prior year or prior period without using Payroll?