Your second option is what I would recommend, i.e. reprocess the receipts as minus values, with all other details exactly the same as the original erroneous receipts, and then process the receipts correctly.
Your second option is what I would recommend, i.e. reprocess the receipts as minus values, with all other details exactly the same as the original erroneous receipts, and then process the receipts correctly.
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)
ultramel123 (08-Mar-13)
Thank you Neville.Originally Posted by Neville Bailey
These amounts which I am reversing is in the previous financial year. Is it possible to edit the cashbook amounts "reverse" them for the previous year, or would I have to capture them in the current period?
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