Reverse Posted Reconciliation

When you reverse a posted payment reconciliation, 365 business Banking releases the bank transactions for retrieval again.

Business Value

In the standard, a posted bank transaction still counts as reconciled after a reversal and is not transferred to the payment reconciliation journal again. With 365 business Banking, you reconcile an incorrect posting again after reversing it.

Feature Description

• The standard Reverse action on the Posted Payment Reconciliations page additionally reverses the postings that the wizard does not find and releases the bank transactions.
• With the Reset Transaction action, you release transactions whose posting you reversed another way.
• Only transactions whose reversal can be verified are released. The Is Reversed field on the lines shows the status.
• How the transaction is transferred again depends on the bank connection: a new retrieval, Read Statement Again for EBICS, or importing the file again.

Details: Reverse a posted payment reconciliation