Bank Reversal in SAGE ACCPAC Archives - Sage 300 ERP

Reverse Transactions – Receipt Reversal Transaction in SAGE 300 ERP

Posted receipts cannot be edited in any ERP. SAGE 300 ERP allows you to reverse them to correct errors. One might need to reverse a receipt when his customer stops payment on a receipt or if a receipt comes from an account with non-sufficient funds or check no. mentioned in receipt was wrongly entered or… Read More »

Financial Effect of Payment Reversal Transaction in SAGE 300 ERP

In our previous blog we have discussed on the Payment Reversal transaction and the effect of it on Bank Book in SAGE 300 ERP https://www.greytrix.com/blogs/sageaccpacerp/2013/10/30/reverse-transactions-payment-reversal-transaction-in-sage-300-erp/ In this blog let’s understand the effect of Payment Reversal on Bank G/L and Vendor Balance. Scenario to understand the GL Effect is there is a Payment of 1,500 made… Read More »