Open topic with navigation

Correcting Transaction Grid

This selection grid appears first when Correcting Transactions is selected from the Ledger menu.

eSite—Ledger—Correcting Transactions

Use the Correcting Transactions menu option to reverse the effect of approved transactions without disturbing the integrity of report figures. Keep in mind, using this option to reverse a transaction does not remove the original entry. Instead, it allows an additional transaction to offset an incorrect entry.

Investigate the need for each correcting entry prior to entering it into the system. Use Open Items Inquiry and Transactions Inquiry to determine the exact information required to reverse the original entry. Pay special attention to entering the correct income code and GL period for the correcting transaction.

Field List

The selection grid is a grid common to several functions.

Correcting Transactions selection grid

See Also

Correct Transaction Overview

Correct Transaction Tab

To Reverse an Incorrect Payment

To Reverse an Incorrect Billing

To Reverse a Refund

To Reverse a Forfeit

To Reverse a Write-Off

To Reverse an Incorrect Adjustment

Multiple Approve Batches

Open Items Inquiry

Transactions Inquiry

Ledger Overview