Reversal of debit entry

1 Post
Cover User

Reversal of debit entry

I am using A/R online and in my bank feeds is a "Reversal of Debit Entry Credit" deposit - How do I process this entry

Ultimate Partner ronatbas
3,856 Posts
Ultimate Partner

Re: Reversal of debit entry



The bank has bounced a cheque that you have deposited so the easy way is to follow the bank and reverse the entry that you made to deposit the money. Go to Setup> Preferences>Security and tick the top line Entrie must be reversed not deleted. Find your  deposit, open it then go Edit > Reverse cheque payment. in the new screen set the date to match the bank feed and record. Go back to preferences and untick the reversal box the back to bank feeds.


Ron B
BAS Group
03 95588477
Making MYOB work for you
Didn't find your answer here?
Try using advanced search to find a post more easily Advanced Search
Get the conversation started and make a new post Start a Post