Editing a bank transaction once it has been reconciled

[Deedeez]

Morning,

I have a few bank transactions which have been allocated and reconciled and now I've found they have been coded to the wrong GL code, I don't seem to be able to edit the GL code when I go to the transaction (either via the bank transactions, or the GL details report).

Any ideas?

Thanks

[Steven_M]

Hi @Deedeez

To edit a transaction in MYOB Essentials you would go to the required transaction* and select to make the necessary changes before selecting Save.  If you have locked the period using the Lock period option in the Business Details window and that transaction is dated before that lock period changes would not be able to be made. You would need to remove the lock period (untick the option in Business Details) before selecting to change that transaction.

Do note that you are unable to make changes to payroll based transactions. These do need to be deleted and redone. MYOB Essentials Help Article: Edit or delete a pay would be able to assist with that.

If it is a bank transaction you could go through Banking>>Transaction History and select the Reference number of the required transaction

Let us know how you get on and if you require further assistance.

[Deedeez]

Hi Steven,

I've just tried editing the transactions again.  The edit works if I select the correct GL account from the dropdown list, but it doesn't work if I manually type in the GL code number - a bug perhaps?  Something to remember for the future.

[Steven_M]

Hi @Deedeez

Generally speaking, MYOB Essentials allows you to select an allocate to account for a banking transaction (Spend/Receive Money) by account name or by selecting it from the drop down list. Invoice and Purchases you can select the allocate to account by name or number or from the drop down list. The reason for this is that the Spend/Receive Money windows use an older style of selection, whereas the Invoice/Purchase windows use the newer style of selection.