Module $3$: General Ledger and Banking Tasks $-$ Daily Proces

Reversing a General Journal Entry

$7.$ To reverse a transaction entered in the General Ledger, you must:

a$.$ Manually reverse the transaction in the period you want the transaction to reverse in$.$

b$.$ Recur the transaction for a negative number of times until the amount has been reversed.

c$.$ Check the Reverse Transaction box on the entry screen when the entry is created

d$.$ You can't reverse a transaction entered in the General Journal