Accounts Receivable Make Deposit Reversing a Deposit
Deposited Payment Batches may be reversed if the original batch deposit date is within an open accounting period and the deposited batch has not already been cleared through the Bank Reconciliation process. Typical reasons why a User would need to reverse a deposit:
· The incorrect branch was selected when making the deposit or entering a payment and needs to be corrected.
· The incorrect bank account was select and need to redeposit to the correct bank account.
· Multiple batches were incorrectly combined into one batch.
Follow the steps below to Reverse a deposited payment batch.
Navigate to the Accounts Receivable module and select the Payment Processing menu option. At the lower left of the Payment Processing Batches list press the View Deposits button.
BTN 4000