Inventory accidentally
When setting up a new inventory item the parts guy accidentally pointed the part to the wrong asset account (i.e. not the parts account) which is completely unrelated. I discovered it when I was run...
Forum Discussion
Hi blah
Thanks for your post.
If a sales is recorded incorrectly and there is payment applied to it, you may need to reverse the applied payment first before you can reverse the sales. After that, you can now reprocess the sales so that it will be recorded to the correct asset account. The Help Article Reversing a transaction will provide you the steps and information on how to do the reversal as well as for the payments applied to the recorded sales.
Please let me know if you need further assistance.
If my response has answered your enquiry please click "Accept as Solution" to assist other users find this information.
Best regards,
Doreen
