Reversal of debit entry

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Helenmck
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Cover User
Australia
Helenmck
Cover User

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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

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Ultimate Partner ronatbas
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Ultimate Partner
Australia
ronatbas
Ultimate Partner

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Re: Reversal of debit entry

@Helenmck

 

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

info@basgroup.com.au
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