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Forum Post: RE: Reverse or Correct transaction releated to item in g/l entry table(wrong account as inventory adjustment)

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Hi

There are many different ways to capture these journals depending what you are trying to accomplish, this is how you capture a basic journal to move values between 2 GL accounts though

Open the "General Journal"

Fill in the following

Posting Date = Today

Document Type = Blank

Document Number = Leave it to default to what is in the journal

Account type = G/L Account

Account number = The first GL account number

Description = Update this to say "Correcting inventory adjustment account"

General posting Type = Blank

Gen. Bus. Posting Group = Blank

Gen. Prod. Posting Group = Blank

Amount = the amount to move

Bal. Account Type = GL Accout

Bal. Account No. = The account to move it into

Bal. Gen. Posting Type = Blank

Bal. Gen. Bus. Posting Group = Blank

Bal. Gen. Prod. Posting Group = Blank

Depending on weather you want to debit or credit the accounts is affected by having a negative pr positive number in the amount column

To ensure that you get it right i would suggest that you make a fresh copy of the system as a test system and try it in test first

Cheers

Nev


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