Journal Entries can be reversed when you wish to cancel out an adjusting Journal entry.

You can only reverse Normal and Fund Transfer Journal Entries.

Other entries, such as Invoices or Bills, cannot be reversed. To amend the amount for Invoices or Bills, you can use a Debit or a Credit Note.

To reverse a Journal Entry,

  1. Click into the Accounting tab on the sidebar.
  2. Select Journal Entry.
  3. Go to the Journal Entry that you want to Reverse.
You can only cancel out Normal and Fund Transfer Journal Entries. Click the 3 grey dots and select Reverse JE to reverse the Journal Entry.‌‌

  1. Click the 3 grey dots on the right-hand side and select Reverse JE.
This pop-up appears when you select Reverse JE. Indicate the date of the Reversal and add a Memo to describe the reason for Reversal if needed. Click Save to complete.

  1. Indicate the date of the Reversal and add in a description under Memo if needed.
  2. Click Save to complete the Reversal.