If a Journal Entry was posted to the wrong period follow the steps below to reverse:

• Go into the original entry and click the Reverse button
  • The debits in the original entry will now be credits
  • The credits in the original entry will now be debits
• Click save
  • This will create a reversing entry
  • The net affect of the original entry and the reversing entry is now .00

To fix the original entry without having to key in the entire entry follow these steps:

• Go into the reversing entry and click the Reverse button
  • The debits in the reversing entry will now be credits. Like the original entry created
  • The credits in the reversing entry will now be debits. Like the original entry created
• Change the Year/Period to the desired posting period
• Click Save

The entry is now posted to the correct period