Dear Experts
I have found that 1 payment had omitted captured GST but I had done bank recon. Can I unclosed bank recon to do reversal of that entry.
Regards
Gaurav Singh
I do not believe so; you will need to make an adjustment on the next bank rec you run.
That should also depend on the currency valuation . If that feature is in your localization , but you can reverse bank ledger entries. Be careful though.
g.
Hi Gaurav,
I had the same issue with a client the other day, they wanted to delete the last bank reconciliation as a user had reconciled items incorrectly.
Being an accountant myself, and having experience with a variety of different ERP systems I did a quick test, as this is just a standard business situation that happens all the time, and should be allowed.
HOWEVER while NAV will allow you to delete a Bank Reconciliation it will not unreconcile the reconciled transactions.
Therefore don’t use this function. As noted you will need to rectify on the next bank reconciliation.
Regards
James