Make a note of the journal Before reversing a journal, first make a note of the figures using the audit trail. - Go to Reports and select Audit Trail.
- Search for the journal with the below filters:
- Enter a date range
- Under More, change the Type to Journal
- Change the Status to Exclude deleted
- Select Calculate, ensure your looking at the Detailed version of the report.
Make a note of the ledger accounts, amounts, debits and credits for the journal.
Reverse the journal Post a journal to reverse the duplicates. - Go to Adjustments, then Journals.
- Select New Journal.
- Enter the same journal you noted in the audit trail, but in reverse:
- Enter a relevant Reference, for example 'journal reversal'
- In the Date field, enter the same date as the Trx Date in the audit trail
- Enter the ledger codes you made note of, with the opposite debits and credits
- You can leave the Details section blank
- Only select Include on VAT Return if it's selected in the original journal
- Select Save.
This reverses the journal ledger postings and restores the correct ledger balance. |