Reverse Payment Journal with No Check Numbers

squeela

Hello. I have only been using Axapta for a few months as an accountant, not a programmer/developer. Can anyone tell me the best way to completely reverse all transactions in a payment journal that has the payment status of None, no check numbers assigned, but has been posted? :-k

Mugur

Hi,

From my experience the way to do that is by creating a new payment journal with exactly the same lines but the amounts reversed (if they were on Debit, you put now in Credit, and vice-versa). You can use "Correction" as transaction text for the lines. Then simply post the journal. This way you ensure that the ledger accounts will reach their initial values from before posting the first journal.

Hth,
Ciprian