Invoice entered in wrong month

Question

I just noticed that an insurance invoice was posted to February that was supposed to be posted as an expense in January. How do I fix this? can I just make an adjusting entry to DR accounts payable and CR Insurance for February and do the reverse in January?

Janice Carnarvon · Accepted Answer

Hi NS86, 
 If you do a journal entry you will not reconcile Accounts Payable to the General Ledger. You can find the resolution to this issue by searching Sage Knowledgebase https://support.na.sage.com and look for article 30542. In case you have a problem accessing the knowledgebase, here are the basic steps: 
 -If the invoice is paid, void the payment. 
 -Go to AP, Checks, Void Payments and select Void checks by Cash Account or Void Payments by Vendor. 
 -Either void the invoice or create a credit memo: 
 -If no adjustments or payments have been applied to the invoice, void it in AP, Invoices, Invoices, Void. 
 -If the invoice has adjustment or payment activity, it cannot be voided. To process the void, post a credit memo using the invoice date. Go to AP, Invoices, Credit Memo. 
 -Go to AP, Invoices, Invoices, Enter. 
 -Post the invoice using the correct date. 
 -If the invoice was paid, post the payment using the original payment date in AP, Checks, Enter Payments.

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Invoice entered in wrong month

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