Pastel Express 2011 - Reversing / Re-allocating receipts

[Fay]

Awesome, thanks so much

[Fay]

Hi SD,

A good rule of thumb to follow, when incorrect entries need to be reversed, is to re-process the entry exactly as you did originally, but with a minus sign in front of the amount.

In other words, you need to recapture those incorrect receipts, in the cashbook receipts journal, with the same dates, references, customer account codes, but with a minus sign in front of the amount. Then process the cashbook receipts correctly, using the same references (this is important so that the original entry, reversal entry and revised entry get consolidated in your bank reconciliation and in your customer statement).

If you are using open item matching, then you can go to Process...Match Open Item and unallocate the original receipt in the customer account that was incorrectly credited.

Hi there.

So do you go to PROCESS JOURNALS ??? which one do you choose ? General Journal, Reversal of accruals, Receipting journal ??????? etc etc.

[Neville Bailey]

Hi there.

So do you go to PROCESS JOURNALS ??? which one do you choose ? General Journal, Reversal of accruals, Receipting journal ??????? etc etc.

As I mentioned in my earlier post, process it exactly as you originally processed it (except that you must insert a minus sign in front of the value, or reverse the debit and credits). So, if you originally used a general journal, then reverse the error with another general journal.

[Jamey]

Hi there

I have started a new job and the previous lady processed May 2015 receipts as May 2016 transactions. is there any way I can correct this?

[Neville Bailey]

Hi there

I have started a new job and the previous lady processed May 2015 receipts as May 2016 transactions. is there any way I can correct this?

Hi Jamey,

Read post #2 in this thread.

[brine]

Hi Neville
May you help
is there a way the to separate the consolidated amounts in the cashbook in Pastel express

[Neville Bailey]

Hi Neville
May you help
is there a way the to separate the consolidated amounts in the cashbook in Pastel express

The reason that you have consolidated amounts is that you used the same reference for more than one transaction, thereby causing those transactions to be consolidated.

It is not possible to "unconsolidate" the transactions, although you can view a breakdown of the entries by going to View...General Ledger...Transactions...Entry Type Details. Then select the period range and the Entry Type range for the cashbook concerned.

[Roelof merwe]

Hi Neville I have try to upgrade to win 10 but it does not work. So I do a rollback to win 8.1.
Pastel Xpress does not see the compony.
I have try the " run as admin " but this does not solve the problem.

Thanks

[Neville Bailey]

Hi Neville I have try to upgrade to win 10 but it does not work. So I do a rollback to win 8.1.
Pastel Xpress does not see the compony.
I have try the " run as admin " but this does not solve the problem.

Thanks

Hi Roelof,

I have attached some information that should help you.

[Roelof merwe]

Many thanks its working fine.