Reconciliation of GL journals (Cash Account) with Cash Management

Summary:

Can clearing account reconciliation be enabled for cash accounts just to use 'Reconciliation Reference' field in journals for the purpose of cash management reconciliation, given the below business scenario?

Content (please ensure you mask any confidential information):

Here is the business case -
For certain student payment transactions made through checks, we are interfacing journals from an external system to Oracle GL. These transactions will directly go into cash account (not cash clearing account) and will show up for reconciliation in CM module. If not reconciled, these journals would be lying as unreconciled system transactions.

For the ease of cash management reconciliation, we are trying to populate the reconciliation reference field with the check number. However, the recon refer values are not carried forward to the base table from the interface table when the journals are imported into GL. This is because the GL reconciliation is not enabled. So, we are planning to enable it for cash account. We would like to understand the implications of enabling clearing account reconciliation for a non-clearing account.