Hi,
Can anyone advise me on the best way to correct this?
I use 3 diffent bank accounts, Euro, USD and GBP. I have entered the incorrect date for one of my July transactions and hence cannot complete the Bank rec.
Here is what I did-The journal moving the money from the Euro Acc to the USD account (in order to clear this and bring it back to zero) entered at 01/07/2001 instead of 2012.
Unfortunately I do not have support. The reversals seem to be ok to use but there is no example using a foreign currency and I do not want to take the risk and wipe my whole sage!
Regards,
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Reversals of foreign currency...
-
brucedenney
- Site Admin
- Posts: 4664
- Joined: 28 Feb 2006, 09:56
- Sage Version: v30 UK/Europe/Africa
Re: Reversals of foreign currency...
If the transaction was mis-dated, you should still be able to find it in the Bank rec and reconcile it off even if it has the wrong date.
"Journal" is a bit worrying as to transfer money between accounts you should have used a "Transfer"
perhaps you did a transfer and just called it a journal.
If you did a journal then reverse it and do the transfer.
If you are closing the account, then you need to be sure that you revalued the account before doing the transfer to take account of any profit/loss on exchange.
Can you explain what the issue is in a bit more detail if my guess is wrong.
"Journal" is a bit worrying as to transfer money between accounts you should have used a "Transfer"
perhaps you did a transfer and just called it a journal.
If you did a journal then reverse it and do the transfer.
If you are closing the account, then you need to be sure that you revalued the account before doing the transfer to take account of any profit/loss on exchange.
Can you explain what the issue is in a bit more detail if my guess is wrong.
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