Forum Discussion

Louiseb91's avatar
Louiseb91
User
11 days ago

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...
Jemar_C's avatar
Jemar_C
MYOB Moderator

Hi Louiseb91,

 

Thanks for your post and I understand that you are using the MYOB Business. Please check this link rather it will show on you may allocate the transactions.

 

Feel free yo write a post if you need further assistance.

 

Cheers,

Jem

Louiseb91's avatar
Louiseb91
User
3 days ago

Hi Jem, 

 

Thanks again. I do understand the allocation of transactions. How would I treat the debit and credit "reversal" transactions in this instance? For example, in the screenshot I have attached. 

 

Thanks,

Louise 

  • Earl_HD's avatar
    Earl_HD
    MYOB Moderator
    2 days ago

    Hi Louiseb91,

    Thanks for your response. For an accurate answer, I recommend reaching out to an accountant. They will be able to provide detailed guidance on how to treat the debit and credit "reversal" transactions in this instance.


    Regards,
    Earl