Reversing a Journal Entry
The purpose of this documentation is to provide detailed steps regarding how to reverse a journal entry in Intacct. This process will be completed at the entity level.
Steps
- Click the Applications drop-down menu
- Click General Ledger
- Click the All tab
- Click Journal Entries
- Click View Transactions on the Journal that contains the journal entry you want to reverse
- Note: After clicking View Transactions for a specific journal, a list of journal entries within the journal will appear
- Note: You may need to use the page buttons to find journals on other pages, as highlighted in the screenshot below
- Click Edit on the journal entry you want to Reverse
- Review the entry to ensure it is the correct on and click the More actions drop-down menu
- Click Reverse
- Enter the date of the reversing entry
- Enter a description for the reversal
- Enter a Reference number for the reversal
- Click Reverse
- Click OK on the next screen
- Click Save
