AR cash receipt posted to wrong account

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Posted on by NHI

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Hi Folks,

Would you please help what is the best way to correct AR cash receipt into a correct bank account? I made an error posting AR cash receipt into a wrong bank account # and made correction in bank transfer. However, the bank transfer didn't solve, there are still more steps have to be done in bank reconciliation. What steps did I miss in order to fix this so that the person who does bank reconciliation does not make any more adjustments?

Thank you in advance for your recommendations.

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NHI 1,600 on at

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RE: AR cash receipt posted to wrong account

Thank you for your hint Frank.
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Frank Hamelly | MVP... 4,029 Super User 2024 Season 2 on at

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RE: AR cash receipt posted to wrong account

The original receipt needs to be voided, then re-entered to the correct bank account. Then, Void the transfer.