ANSWER ID:11165 AccountEdge Pro and Network Edition, Australia only If there are amounts showing on the Pay Liabilities window which have been paid, it means they may have been incorrectly paid using a Spend Money or General Journal transaction. To permanently remove these amounts, you'll need to process them through the Pay Liabilities window, then record a reversing general journal transaction to avoid overpayment. Here's how to do it: | UI Expand |
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| title | 2. Record a reversing general journal transaction |
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| - Go to the Accounts command centre and click Record Journal Entry.
- Record the details of the journal entry:
- use the same Date as the Pay Liability transaction you recorded earlier
- enter a Memo which explains the purpose of this journal entry
- debit and credit the applicable accounts
- use the N-T tax code for each line as this transaction is not reported on the BAS
- ensure the Out of Balance amount is zero
Here's our example:
 Image Removed Image Added - Click Record.
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| This will post two entries against your bank account, so when reconciling you can mark off both the deposit and withdrawal amounts as reconciled. |
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