Voiding Bank Account Activity
You can void posted activity in the BR Void Bank Activity window. When you enter a void-type activity, it posts a reversal of the original activity.
If the activity you need to void was originally entered in another module, you need to void the transaction in that module. This will ensure that your data is properly updated. When you void a transaction, it does not remove the activity from the system.
To void activity:
1 In Bank Reconciliation, select Account Activity Tasks > Void Bank Activity from the left navigation pane.
2 If the Select Batch window appears, choose an existing batch from the drop-down or click New to create one (see Using Batches in Bank Reconciliation).The Void Bank Activity window will open after you choose a batch.
Click thumbnail for larger view of image.
3 In the Bank Account field, enter the bank account that holds the original activity.
4 In the Item to Void field, use the Lookup to select the posted activity you want to void.
The information from that activity will fill in at the bottom of the window.
5 Enter a description for this void activity and click Save.
After you post your activity you can verify the void information by running the Bank Register Report.
Tips & Tricks: How Do I Void a Transfer? |
|---|
You can’t choose Transfer as an activity type to void, so how do you void a transfer transaction? You’ll need to reverse the transfer. For example, if you moved money from one bank account to another and realize you moved it to the wrong account, transfer the money back to the original account. This will balance all the affected ledger accounts. |
Published date: 05/21/2021