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Reversing Journal Postings

When you reverse (undo) an erroneous journal posting, the program creates and posts correcting entries (entries identically to the original entry but with opposite sign in the amount field) with the same document number and posting date as the original entry. After reversing an entry, you must make the correct entry.

You can only reverse entries posted from a general journal line. And only reverse an entry once either alone or as part of a whole register. Once you have reversed a entry from a register, you can no longer reverse the whole register, but  must reverse transaction per transaction.

You can reverse entries from the following windows: General Ledger Entries, Customer Ledger Entries, Vendor Ledger Entries, Bank Account Ledger Entries, FA Ledger Entries, Maintenance Ledger Entries and G/L Registers.

To Reverse a Journal Posting:

  1. Open one of the following windows:

the General Ledger Entries window

the Customer Ledger Entries window

the Vendor Ledger Entries window

the Bank Account Ledger Entries window

the FA Ledger Entries window

the Maintenance Ledger Entries window

the G/L Registers window

  1. Select the relevant entry and click Functions, Reverse Transactions. Or for the G/L Registers select the relevant register and click Functions, Reverse Register.

  2. In the Description field, you can change the description by clicking F2 in the field.

  3. Click Reversing, Reverse.

  4. Click YES and then OK.

Attention

Before you can reverse an applied customer or vendor ledger entry, you must unapply the entry.

You can only reverse entries generated from a general journal line.

The program cannot reverse:

Related Topics

Unapplying Applied Customer or Vendor Ledger Entries

Correcting with General Journals

 



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