Sage 50C Pastel • Processing a Journal reversal in Sage 50C Pastel Partner and Xpress

Processing a journal reversal in Pastel

Reversing Journals in the Sage 50C Cloud, Pastel, and Xpress programme

 

This only applies to a journal that has been updated already.

 

Make a backup !!

• Select the journal that you need to do the reversal in

Once the journal is open you must use the exact same information you used in the original entry.

• Use the same period, same date, same account, same reference, same tax (if applicable) and contra account as you did on the incorrect transaction
• If there was 15% VAT on the transaction you will need to ensure the tax is correctly applied.

As you are reversing the entry, remember that if the original transaction was processed as a debit, the reversal will be processed a credit and visa versa.

Therefore, if the original transaction had a credit (C) selected, the reversal will have to have a debit (D) in the DC column.

If you are not using tax for this journal, only the Debit and Credit columns will display on your screen.

• If the columns are not showing, select Batch… Restore Columns

• Once you have processed the reversal’s, select to Update the batch.
• Go check that your entry is reflecting correctly in a detailed ledger report.

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