Page 1 of 1
Reverse a transaction
Posted: Tue Jun 06, 2017 3:50 pm
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.
Re: Reverse a transaction
Posted: Tue Jun 06, 2017 6:34 pm
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.