Reverse a PR Source Journal posting which was posted into wrong date.

Question

I just noticed that I posted our 01/11/2020 payroll to 11/11/2020. I'm surprised it didn't give me a BIG warning about posting 10 months in the future. 
 We post in detail and our posting journal is 20 pages long. I'd prefer not to have to manually reverse this huge entry (by posting a reversing entry) and then reenter the whole thing to the proper date. 
 Is there any way to retrieve the full entry to use as the base for a reversing entry and then a new entry?

Gina Weathersby · Accepted Answer

In Sage 100 2015, a Journal Reversal button was added to the Transactions tab in Account Maintenance and to the Journal Drill Down window. Click this button to perform one-click journal reversals. The reversing entry is created, and a journal comment is added noting the reversal. You must print or preview the entry in General Journal Entry before updating it. 
 Note: In Role Maintenance you must select Allow Journal Reversal on the Security Event tab to enable the button

Go to General Ledger, Main, Account Maintenance (enter account number to reverse the transaction) 
 Click on Transactions tab 
 Highlight the transaction you wish to reverse and click Journal Zoom button or double click transaction 
 Click Journal Reversal button 
 Open General Ledger, Main, General Journal Entry 
 Verify the posting date is correct (this date should be the same date as the journal posted incorrectly - 11/11/2020 ) 
 In the Reversing Date field enter 1/11/2020 (this will post the original entry to the correct date) 
 Print or Preview the General Journal 
 Click Yes to update the General Journal

If you want to get a restrict posting to future period you can select "Restrict Accounting Date to Current and One Future Period' option in Company Maintenance.

Bvulliamy · Answer

Depending on your version of Sage, and your security rights there is a reverse journal entry option in GL.

Sage 100

Reverse a PR Source Journal posting which was posted into wrong date.

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