[Question] How to "delete"/"cancel out" a duplicated cashbook transaction

[michellepace]

Good evening,

I transferred R10,000 from our Nedbank account to our FNB account in February. The statements for each bank account were downloaded and their respective cashbooks done. The "transfer transaction", which appears in both the FNB and Nedbank statement, got duplicated in Pastel. Now, my Nedbank cashbook balance is R10,000 less than what it should be and my FNB cashbook balanace is R10,000 more than what it should be because of this duplication.

Question:
I (think) I need to delete/cancel out the yellow transactions as shown in this FULLSIZE screenshot. As this happened in February... I need to do the fix both in our current company (FY21) as well as re-open our FY20 company and do it there. Could anyone please explain step-by-step the best way to go about this?


Many thanks and I can't believe I got myself into the frying pan again,
Michelle

[michellepace]

.
Okay, I have found if I do the below - my balances for both Nedbank and FNB (this financial year) get fixed. I imagine that I replicate the same fix for our FY2020 company, and do it on the 29th of February...


Question 1:
Is the above fix acceptable?

Question 2:
If you open the screenshot there is a little "Transfer" button. Is it perhaps possible that I go ahead and setup a new "Transfer account" and then I could ... well simply transfer the duplicated R10,000 back to Nedbank. And thus having the same net result. Do you think that would work? Is it a better solution.


I am actually quite amazed that I have not been kicked off this forum yet. Thank you to everyone who continues to be patient with me. Me and my UCT 10 week bookkeeping course. Sure wish I never continually bunked accounting class at school whilst simultaneously making fun of anyone who did go. Yes the wheel turns.

Regards,
Michelle