Deleting a dummy sales transaction
Hi, we are sorting a new way of taking customer deposits and I was creating a dummy one to make sure I was doing it right. I now want to delete the whole transaction, however I cannot delete the "pay...
Forum Discussion
Hi Psb2
Thank you so much for your patience.
In this matter, as we can't simply delete the deposit, the invoice will first need to be reversed. Kindly go to Sales register >> select the Closed Invoices tab > and open the sales transaction >> reverse sale. Please see the sample below:
Once reversed, this will create a credit note for the total amount of the original order. Then you'll need to settle the credit by recording a refund payment. This is explained in this Help article.
Please note that you'll need to set the preferences to allow transactions to be reversed.
Cheers,
Princess
Your solution will work only if we do all these tranactions in one month (recording sales, deposit and reversal).
In my case, I recorded the dummy invoice in Jun and received the deposit partially in July so after I do the reversal as you suggested, I will end of with a minus figure in my accounts as of 30/06/2023 but i know that it will get fixed in July month.
See the attached balance sheet account for customer deposit and AR ledger acccount as of 30/06/2023.
I hope you do not have any solution for a tranaction in this type.
That’s unfortunate to hear that you do not have any solution for this through MYOB AccountRight.
As this is not the correct way of doing double entries I believe the MYOB should address it and find a way to correct it. It is just a simple entry that MYOB system should post with the reversal, if required I can give you the double entries manually for the correction.
Hi Psb2,
Thank you for your response. I understand that reversing the sale will have an effect on your ledger account. However, this is how AccountRight currently works, and it'll provide you with the negative amount from the date you recorded the sales. With regard to this effect on your account, it would be best to speak to your accountant for further assistance.
Cheers,
Princess
Hi Psb2,
Thank you for your sharing feedback. We apologize for the inconvenience caused to you. We'll surely raise your feedback to the relevant team regarding your issue with your recorded sale. We also encouraged you to post your feedback in our AccountRight Exchange Ides for consideration by our developers.
As for the double entries, can you please contact us so that we can check and investigate this further?
Cheers,
Princess
