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For the most common posting types, the process of reversing a posting is automated.
This means that if you have made a mistake and need to reverse a posting, you can do the reversal in just a few clicks from the Accounts Enquiry screen.
You can view the posting types for which automated reversal has been implemented at Posting type codes.
Transactions that can not be reversed
You can’t use posting reversal for:
Transactions that have subsequently been ‘operated on’.
Reconciled transactions. These would need to be de-reconciled, reversed, re-posted, then re-reconciled.
Billed disbursements. These would need to be unbilled (credited) before they could be reversed.
Transactions posted in a closed period.
Procedure for reversing a posting
To reverse a posting, using automated reversal:
On the Accounts Enquiry screen, with the relevant matter displayed, right-click the posting you need to reverse and select Reverse Posting.
Enter your Reason for reversing the posting.
Click OK. The original posting and the reversal posting are listed on Accounts Enquiry. See Hiding and showing reversed postings. The reversal posting has the Description text of the original posting prefixed by Reversal.
Hiding and showing reversed postings
Reversed postings and reversal postings are normally hidden on the Accounts Enquiry screen, but you can show them if needed.
Click 
Show Reversed Postings on the toolbar.
Click 
Hide Reversed Postings to hide them again.
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