[Reverse] Account Transaction Details

[Reverse] Account Transaction Details

Purpose

Thus function can be used to reverse some Account Transactions.

To be reversible, the transactions must be created from the Transaction Types that have a input method of 'Reversible Control' or 'Manual Input'.

The most comment use for  is for the reversal of fees charged from dishonored payments, overdue letters or account maintenance fees.

Timing

A transaction can be reversed at any time. 

Access

  1. From within an Account Details dialog |  | Highlight the transaction to be Reversed | 

Process


Field
Explanation
Transaction Type
This will default to the Transaction Type of the original transaction

DO NOT CHANGE
Description
Defaults to the original transaction description prepended with 'REVERSE'
Amount
Display only field

Will display the original transaction amount with the opposite sign



The original and reversed transaction should then be Grouped.

Errors

If the transaction was not created from a Transaction Type with an input method of Reversible Control or Manual Input, then one of the below error messages will appear:

Control Input Transactions


The Transfer Non Cash function will need to be used to move the transaction to another account

Cashbook Input Transactions


The transaction will need to be reversed in the Cashbook


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