Hi I'm trying to reverse a journal entry. I followed the instructions in the help. Basically create a new JE with the same post number, date and add the Reversal date. Then enter the Line Items/GL Accounts the same as they were originally entered in the original entry. The fact that the Reversal Date was entered should make the system automatically reverse the debits and credits. But it doesn't. It creates 2 posts. One with the original post date for the original amount and then another with the Reversal post date with double the original amount. So now I have two posts and one of them is doubled. So I tried switching the debits and credits on the Line Items myself in a new post (I'm doing this in a test company so I just erase and start over) and the same thing happens. I'm assuming that when I enter a reverse entry I should end up with an entry on the Source Journal History Report that simply says $0. What am I doing wrong cause I know I'm missing something probably very simple? Thanks in advance!
↧