Overview
Manual General Ledger Journals can be reversed, copied and then amended and posted.
Procedure
Opening Financial Period
Ensure that the financial period is open for that date that is on the journal. See link Periods
After you open the period and reverse the Journal and make a new journal, ensure that you close the financial period you opened.
Reversing Manual Journal
- Log onto Readysell>Financials>General Ledger>Journals
- Search and find the journal in question
- Click on the action button in top ribbon 'Reverse'
- You will be prompted with a pop up window for the date. If the period is open, the date will display as the same date as the original journal you are reversing. If the period is closed the date will be todays date.
Ensure the date of this reversal is the same date as the original journal - Click on OK
- The reversal journal will display with a new transaction number and with a word of Reverse in the description field.
- You can go back to the original journal, highlight it, copy it
This will create a new journal which you can make changes to and Finalise.