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Dynamics 365 Community / Forums / Finance | Project Operations, Human Resources, ... / Reverse Vendor Payment...
Finance | Project Operations, Human Resources, ...
Suggested Answer

Reverse Vendor Payment Journal with Vendor on both side

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Posted on by MYGz 2,166

Hi,

I have Vendor Payment transaction with Vendors in both side of debit and credit.

Now I'm trying to reverse this journal by using the "Reverse Entire Journal" feature.

I'm getting this error:

Voucher number VEPV000023 can't be reversed because it is used on multiple transactions.

If I keep vendor in main account and Ledger in offset, then I'm able to reverse.

If I keep Vendor in Main account and Bank in offset, again error "cannot be reversed"

 

Any tips on how to reverse transaction with vendors on both sides?

Thanks.

I have the same question (0)
  • Suggested answer
    Alireza Eshaghzadeh Profile Picture
    Alireza Eshaghzadeh 14,679 Super User 2025 Season 2 on at

    Hi MYGz,

    The functionality for reversing vouchers is standard and can be used for:

    • General ledger transactions.

    • Customer transactions, except transactions that are related to a sales order, project or bank.

    • Vendor transactions, excluding transactions related to purchase orders or banking.

    • Fixed asset transactions.

    Documents containing transactions against account type Bank, are not supported

    You can get more info from Microsoft Docs: docs.microsoft.com/.../reverse-a-transaction

    P.S. As an workaround, you can try to reverse a transaction via general journal.

  • Frank Hamelly | MVP, MCP, CSA Profile Picture
    Frank Hamelly | MVP... 46,625 Super User 2025 Season 2 on at

    Interesting, why do you have vendors on both sides of the transaction?

  • MYGz Profile Picture
    MYGz 2,166 on at

    So here's the thing,

    Being a startup there wasn't any bank account so the payments were being made by the owners/employees(CEO/Director) as Employee/Vendor in the Accounting Entry. These payments were recorded (in other system) and audited. So we don't want to change it now. And these transactions need to be imported as historical data not as summary opening balances.

    Having said that, What is the reason system doesn't allows to reverse Vendor-Vendor transaction? It is a normal scenario. Let's say even if it's not, then atleast Vendor-Bank reversal should be possible. Why even that is not working?

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