Correct nominal journal entries in the current year

This involves correction of transactions entered from the current year journal entry window (manual journals) e.g. Nominal Ledger > Enter Transactions > Journal Entry.

• If the period in which you are posting the transaction is Future, the transaction you are posting will go into Deferred Pending Postings.
• If the period in which you are posting the transaction is Open and you have selected Update the Nominal Ledger immediately journal entries are posted in the Nominal Settings Options tab, the transaction you are posting will go into Current Transactions List (for posted transactions).
• If the period in which you are posting the transaction is Open and you have not selected the option to update the Nominal Ledger immediately in the Nominal Settings Options tab, then the transaction you are posting will go into Current Pending Postings.

Open: Nominal Ledger > Nominal Enquiries > Current Transactions List or

Open: Nominal Ledger > Period End Routines > Current Pending Postings List or Deferred Pending Postings List, or

Open: Workspaces > Nominal Current Transaction Enquiry, Nominal Current Pending Postings or Nominal Deferred Pending Postings.

• Select a transaction, right-click and select Actions > Correct Transactions.
To reverse transactions

• Click Reverse.

Opposite entries to the original entries are posted. The original transactions are not removed.

The window closes automatically.

To make corrections:

Note: You cannot correct recurring or reversing entries. You must reverse these and post a new recurring or reversing entry instead.

1. Amend the details required, for example Narrative, VAT Type, VAT Code, Debit/Credit and so on.
2. To add a line, place the cursor in the new line or tab into the new line from the end of the previous line, and select the required details.
3. To delete a line, select the line and click Delete.
4. To reset to the original values, click Reset.

5. Click Post Corrections.

   The window closes automatically.

To amend the narrative only:

1. Amend the Narrative or Transaction Analysis.

2. Note: To reset to the original values, click Reset.

3. Click Update Details.

The window closes automatically.

2. To close the window without making a change, click Close.