Vendor Ledger entry - > Reverse Transaction

hansika

Hi,



In Vendor Ledger entry form there is a menu button

Function - Reverse Transaction

When I press this I am getting this message .



“You can only reverse entries that were posted from a journal.”



What is the use of the this Reverse Transaction function In Vendor ledger entry.



Please let me know.

Prajeesh_Nair

Hiii
In Vendor Ledger entry form there is a menu button
Function - Reverse Transaction. This is used to reverse a transaction Posted through vendor ledger entry like adding credit memo to a line
Not sure me also new to nav

Mike1

Hi!

By my knowledge, the Reverse Transaction functionality is useless in the Vendor Ledger Entries ](*,) .

The functionality only works with posts made in a General Journal or likewise journals.

ssingla

Reverse transaction in vendor ledger entry can reverse all transaction posted thru general journal/Purchase Journal/Cash Receipt Journal (Journal Voucher/Cash Payment Voucher/Cash Receipt Voucher/Bank Payment Voucher/Bank Receipt Voucher in Indian Localization).

You cannot reverse transaction posted thru Purchase Invoice/Order/Credit Memos.

Deep

ssingla wrote:

You can reverse transaction posted thru Purchase Invoice/Order/Credit Memos.

It should be "can not".