Need to correct an error made at set up re outstanding check

[cmp]

During setup, I made an error entering the amount of an outstanding cheque. I did not realize my mistake until I went to reconcile the bank statement. I can not see where I can correct this error. Being that it was entered during the set up process, do I have to make the adjustment through Net Assets. I am hoping someone has had a similar problem and can provide guidance on this. Thanks!!!!

[JohnDMeyers]

The outstanding check needs to be corrected through net assets, just as you suspected.

To "adjust" the amount of the check, do this:

(if you need to decrease the amount in checking)
DB 01-3110-000 unrestricted net assets
CR 01-1110-000 checking

(if you need to increase the amount in checking)
CR 01-3110-000 unrestricted net assets
DB 01-1110-000 checking

[cmp]

Thanks for your reply. Tech support help me out in a different way by updating the database for me since it really was not a transaction. Your info will come in handy for my next errror!!!!