Solution Properties
Solution ID:
210929152408743
Last Modified Date:
Thu Jun 01 14:56:01 UTC 2023
Taxonomy Path:
Case category//How do I...//processing
Author:
[email protected]
Manually reverse a journal
Description

If you post a journal in error, or with the wrong date or amount, it's easy to correct it by reversing the journal. One way to reverse a journal in Sage 50 Accounts is to manually reverse them. We'll run you through how to do this.

TIP: If you want to reverse a journal for other reasons, such as a one-month prepayment or accrual, you may prefer to use the automatic reversal feature. Read more >

Cause
Resolution

To manually reverse a journal you must post an opposite entry with the same date as the original posting.

Let's take a look at an example below, where a journal is posted with the wrong date:

N/CNameDetailsT/CDebitCredit
1103PrepaymentPrepayment entryT9600.00
7100RentPrepayment entryT9
600.00
  1. Click Nominal codes then click Journal entry.
  2. Complete the Journals window, using the original incorrect date and opposite debit and credit amounts. In our example:

    N/CNameDetailsT/CDebitCredit
    1103PrepaymentCorrectionT9
    		600.00
    7100RentCorrectionT9600.00
    To correctly reverse the original entry you must use the same date as the original journal. 

     TIP: If you are unsure what the exact details are for the date, you can find this information by running the Day Books: Nominal Ledger report for the date of the original journal. This report is available in Nominal codes > Reports > Day books.

  3. Click Save.
[BCB:183:Oli Footer CB with feedback:ECB] [BCB:66:Sales - AutoEntry:ECB]




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