Reverse a transaction

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StokedaleChurch
Posts: 3
Joined: Tue Jun 06, 2017 3:41 pm

Reverse a transaction

Post by StokedaleChurch »

I just reconciled our escrow account and found two entries for one transaction. Can I just reverse one transaction to clear this up or is there more to it than that? There is no outstanding balance, just the one outstanding debit to the account.
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NeilZ
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Joined: Wed Oct 08, 2003 1:20 am
Location: Dexter NM
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Re: Reverse a transaction

Post by NeilZ »

StokedaleChurch wrote:I just reconciled our escrow account and found two entries for one transaction. Can I just reverse one transaction to clear this up or is there more to it than that? There is no outstanding balance, just the one outstanding debit to the account.
Reverse then post the reversal, that should clear it up.
Neil Zampella

Using PC+ since 1999.
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