Reverse Journal Entries

Use the Journal Entry screen to reverse a previously posted Journal Entry.

Pre-Requisites

1. Journal Entries

Step-by-Step Guide

1. Access the Ledger module.
   
   
   

2. Click Journal Entries.
   
   
   

3. Use the Filter Criteria section to search and locate the desired Journal Entry. Set the Status option to "Posted" to find previously posted entries.
   
   
   

4. Click Retrieve.
   
   
   

5. Select a Journal Entry by clicking the row in the grid.
   
   
   

6. Click Correction.
   The system will create a reversing Journal Entry and automatically post it. Then, the system will create a new un-posted Journal Entry that is available for editing. 
   
   
   

7. Use the Filter Criteria section to locate the find the newly created un-posted Journal Entry. Set the Status option to "Pending".
   
   
   

8. Click Retrieve.
   
   
   

9. Locate the newly created Journal Entry and edit as desired.
   
   
   

10. Optional: Click Void on the un-posted Journal Entry to cancel it out completely.