Reverse Transaction

Reverse Transaction

When any action has been entered incorrectly by mistake or accidentally, You may need to reverse the transaction. Reversing means turning the transaction and make its effect to zero in the financial records. This process of reversing is the matter of reversing the debits and credits within the action.

When it is reversed, the system will create a new account that simply do the reversing of the original transaction's debits and credits. Here are the steps to be followed for reversing any action in Numia.

1) Choose Report -> Transaction List.
2) Select the transaction that need to reverse.
3) Click on the "Reverse" Button for reversing any account.


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