Hi everyone
I am very new to Pastel as well as accounting...
I entered a payment to a supplier twice in my cashbook by accident of course :-) how do i fix this?
Many Thanks
Hi everyone
I am very new to Pastel as well as accounting...
I entered a payment to a supplier twice in my cashbook by accident of course :-) how do i fix this?
Many Thanks
Hi Antoinette,
The best way to fix that type of error is to recapture the payment, exactly as you did when you captured the duplicate payment, but with a minus sign in front of the amount. Make sure you use the same reference as the duplicate payment, so that the duplicate payment and the correcting entry will consolidate and offset each other in the bank reconciliation screen.
Neville Bailey - Sage Pastel Accounting Consultant
www.accountingsoftwaresupport.co.za
neville@accountingsoftwaresupport.co.za
IronTree Online Solutions
"Give every person more in use value than you take from them in cash value."
WALLACE WATTLES (1860-1911)
AntoinetteReed (29-Aug-12)
Thank you soo much Neville - it worked
another question - What is the best way to correct those R0.01 rounding differences?
You can open a general ledger account called rounding differences or you can just allocate it to bank charges.
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