News and Announcements icon

Dynamics 365 CommunityForums Microsoft Dynamics GP forum How to correct a cash ...

Microsoft Dynamics GP forum

Suggested answer

How to correct a cash receipt thats processed through the Financial module (hitting the GL)?

(0) Share

Report

Report

Posted on by Community Member Microsoft Employee

How do I reverse the GL side of the transaction? How do I reverse the deposit to get it back as an open item on A/R?

Categories:

Financial Management

All responses Img

All responses (4)

Answers Img

Answers (0)

Richard Wheeler 75,730 on at

Like (0)

Report

RE: How to correct a cash receipt thats processed through the Financial module (hitting the GL)?

Can you find the journal entry in the GL for this transaction? That should show you the balanced entry.
Community Member Microsoft Employee on at

Like (0)

Report

RE: How to correct a cash receipt thats processed through the Financial module (hitting the GL)?

I see on the Distribution Breakdown Register that the GL account for Cash was credited, but when I look at the Account Summary there is no offset posting.
Community Member Microsoft Employee on at

Like (0)

Report

RE: How to correct a cash receipt thats processed through the Financial module (hitting the GL)?

What is the proper way to void the Bank Deposit?
Suggested answer

soma 24,406 on at

Like (0)

Report

RE: How to correct a cash receipt thats processed through the Financial module (hitting the GL)?

Void the Bank Deposit to reverse the bank side of entry and void the cash receipt in receivable to cancel the receipt with GL reversal.

Thanks,

Hope this helps!!!

Helpful resources

Quick Links

Leaderboard

#1

André Arnaud de Cal... 288,768 Super User

#2

Martin Dráb 225,985 Super User

#3

nmaenpaa 101,148

Leaderboard

Featured topics

Product updates

Dynamics 365 release plans