Cancel posted Payment and Cash receipt

Kinetic ERP
1

Hello everyone,

My team accidentally posted the wrong payment in Payment Entry. They have likewise posted incorrect cash receipts in Cash Receipt Entry.

Unfortunately, I was told by them that to remove this incorrect post, “The only option we currently have is to do a journal entry to remove the amount from the GL”.

I believe there is another way to remove this incorrect posting. Can you tell me the menu that allows me to delete posted Payment and Cash receipts?

Thanks in advance!

2

If the Bank Statement has not been posted then you can use Void Payment and Reverse Cash receipt

1 Like
3

Thanks for letting me know. Are you talking the Bank Statement processing?

image
image1426×841 114 KB

4

Yes Void payment option is only available if the Bank Statement Processing hasn’t been posted.

1 Like