Reversing a Contra Payment

Reversing a Contra Payment


Reversing a Contra Payment

Look up one of the warranty claims/Invoices on the Receivable Transaction Screen – ensure you have Data View set to By Payment.

Double click on the payment, not on the “+” to open the actual payment.

This will open the AR Contra Payment screen. Go to File, Reverse:



This will create a reversal. Ensure you populate the Invoice number for the payable. Ideally, this will be the same as the invoice number you used last time with a “REV” after it.

Watch your posting date!

Save and Post.