Editing / reversing income transactions
Below is an example of the editing of an income entry. (Please note – the ability to edit rather than reverse income transactions is part of current WIP priorities).
IN000010 in the income transaction list shown below is incorrect.
The dividend should have been $111.25 with a franking credit of $48.20.
Clicking on the Journal ID (IN000010) will display the transaction details, as well as the option to reverse the transaction.
After selecting REVERSE Mclowd will display the following message.
Subsequent to the reversal you can now re-enter the original (corrected) transaction.