View/update expense report

Discuss questions around local unit policies for budgeting, reconciling, etc. This forum should not contain specific financial or membership information.
Post Reply
khasay12
New Member
Posts: 35
Joined: Wed Feb 23, 2011 10:02 am

View/update expense report

#1

Post by khasay12 »

In MLS (CUBS), does the word "cleared" on the right column of the View/Update report mean that it has cleared the bank or something else?
lajackson
Community Moderators
Posts: 11460
Joined: Mon Mar 17, 2008 10:27 pm
Location: US

#2

Post by lajackson »

khasay wrote:In MLS (CUBS), does the word "cleared" on the right column of the View/Update report mean that it has cleared the bank or something else?

No, so far it does not mean the check has cleared the bank. It seems simply to mean that the Send/Receive was acknowledged by Church Hq. There have been a number of comments that this ought to be changed to be more meaningful but, at least for now, that is the way it seems to work.
khasay12
New Member
Posts: 35
Joined: Wed Feb 23, 2011 10:02 am

#3

Post by khasay12 »

Thank you!!!
User avatar
ffrsqpilot
Member
Posts: 247
Joined: Fri May 09, 2008 8:51 am
Location: Montrose, Colorado

#4

Post by ffrsqpilot »

lajackson wrote:No, so far it does not mean the check has cleared the bank. It seems simply to mean that the Send/Receive was acknowledged by Church Hq. There have been a number of comments that this ought to be changed to be more meaningful but, at least for now, that is the way it seems to work.

I wholeheartely concur that LUS needs to change the wording on the view/update report. For most of us, when we read the word "cleared" it means the check has cleared the bank. But obviously in MLS that is definitely not the case which is causing problems with clerks. During our last audit one of our units received an exception because they had a check outstanding all the way back into June that they thought it was cleared according to MLS. Once they understood that it was not the case they did the leg work and resolved the outstanding check but had MLS used some other term other than "cleared" maybe they would have been a little more proactive about researching the check.

Just sayin' is all!
Post Reply

Return to “Local Unit Finance”