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Reverse Post Inventory Cost To G/L

Jonathan2708Jonathan2708 Member Posts: 552
Hi,

My client has posted their inventory cost to G/L using the wrong posting date. I was just going to advise to post an equal and opposite G/L journal to reverse the entries, then post the journal again using the correct date. Any problems with this?

Any help appreciated,

Jonathan

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    NAV_DoctorNAV_Doctor Member Posts: 12
    Hi,

    Prefered method of reversal will be to do an item journal on the incorrect date, and ensure you apply the correcting entry to the incorrect entry using the applies to field.

    DO NOT POST DIRECTLY TO GL.

    Have a good one!

    Doc
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