Reversal of debit transactions
Hi all, In my bank transactions, an EFTPOS machine has put 1 pre-authorisation transaction, then secondly reversed the transaction (reversal of debit) and finally the third transaction is for th...
Forum Discussion
Hi Louiseb91,
Thank you for your post. I can see that you need assistance in allocating those reversed transactions. I highly suggest to record the reversal bank feeds as reversed transactions too in the ledger. After the reversal, the bank feed would automatically match if the reversed transactions had the same dates. You may check this helpful article for the detailed information on how to reverse the transaction.
Feel free to write a post if you need further assistance.
Cheers,
Jem
