Each field on transaction is either critical or non-critical. When you edit transactions: - Critical fields - The software creates a new deleted transaction, with the original details. The original transaction updates with the new details
- Non-critical fields - The existing transaction updates with the changes you make
You can check the postings made in the Transactions module.
What are critical and non-critical fields? | Critical fields | Account, Bank, Date, Nominal Code (N/C), Net, tax code (T/C), Tax and Exchange rate. | | Non-critical fields | Details, Department, Reference, Ex. Ref, Bank Reconciled flag and Bank rec. on. |
If the transaction includes VAT For critical field changes, the process varies if the transaction is VAT reconciled. If the transaction isn't VAT reconciled: - The software posts a new deleted transaction, with the original details
- The original transaction updates with the corrected details
If the transaction is VAT reconciled: - The software posts a new transaction to reverse the effect of the original
- The software posts a second new transaction, with the new details
 TIP: A VAT reconciled transaction has a date in the VAT Rec. Date field.
Further information - When you Unallocate a transaction, the type may change. For example, a Sales Receipt (SR) changes to a Sales Payment on Account (SA)
- You can only edit the Reference, Description, Bank rec and Exchange rate fields of foreign transactions. You need to delete and re-enter the transaction to edit any other fields
- When editing a transaction created after updating an invoice, credit note or order, check if you need to adjust your stock levels:
[BCB:113:Limitless - 50 Accounts - Corrections:ECB] [BCB:19:UK - Sales message :ECB] |