How to Send Weekly / Monthly Balance Updates via CMvX

A new feature in Collection-Master gives you the ability to send weekly and monthly balance updates to your clients on vExchange through the CMvX adapter.

To enable this feature, navigate to the Forwarder File [1-2-1-1].

Once in the Forwarder File, navigate to screen 6, CMvX setup:

The following new fields control the balance updates:

  • CMvX Bal Last: The last date the CMvX Record 271 was created.
  • CMvX Bal Freq: How often you want the balance update to send: ‘W’ for weekly and ‘M’ for monthly.
  • CMvX Bal DOW: If weekly is your preference, select the desired day of the week (DOW).
    • M – Monday
    • T – Tuesday
    • W – Wednesday
    • TH – Thursday
    • F – Friday
    • SA – Saturday
    • S – Sunday
  • CMvX Bal DOM: If monthly is your preference, enter the day of the month (DOM) to send the balance update; for example, 01-31.

Once set up, these balance records will send through the normal daily CMvX export performed in [4-2-1-V-3].

Help Center > Self-Help Resources > Collection-Master > How To > How to Send Weekly / Monthly Balance Updates via CMvX