Fixing Mistakes in Dynamics 365 Business Central: Correcting Journal Entries in Business Central (BC)
In this series, we will cover how to fix transactions entered into Business Central in a few simple steps.
This week, we will cover journal entries and how to fix them inside of Dynamics 365 Business Central (BC).
First step is identifying the journal entries and ensuring that the entries were actually created as a general journal. If the entries are coming from a subledger account, we will show how to fix subledger entries in future blog posts.
Scenario: Need to reverse a journal entry completely.
Find the general ledger entry created. You can do this in a couple ways:
Navigate to General Ledger Entries. Search or filter for the ledger entry by date, document number, dollar amount, account, etc.
or Go to the Chart of Accounts. Click on the balance tab or the ledger entries tab. This will filter to that account and take you to general ledger entries.
2. Once you filter the general ledger entries table, search or filter for the G/L transaction you want to reverse. Click on Reverse Transaction from the menu item. Note: You can only reverse transactions not created from the subledger.
3. This window will appear. Verify this is the G/L transaction you want to reverse and then click either reverse or reverse and print (if you want a register sent to PDF to print and save).
4. Once last window will appear to either proceed with reversing the entry or cancel. Hit yes to proceed and no to cancel.
5. If you reversed the entry successfully, you will see this message.
6. You can now review the entries in the general ledger entries table that are created with the reversal. There is a field you can personalize and add to this window called reversed and you will see any reversed entries marked in this field. Any entries involved in a reversal will be checked here.
Scenario: Need to copy journal entry to correct in a new journal entry
Navigate to Posted General Journal
2. Find the General Journal lines you want to copy by sorting or filtering the table
3. Select the lines you want to copy to a new journal. Click the three lines next to the document number and then select each line.
4. Click on Copy selected lines to Journal
5. Choose your batch options. Choose a new posting date and document number and select if you want to reverse the original sign.
6. Review the entry created in the batch and post
If this blog has been helpful for you or if you need more help, email: smullins@abccgroup.com or visit our website at https://www.abccgroup.com/.
You can follow us on LinkedIn for more tips and tricks: https://www.linkedin.com/company/a-bc-consulting-group/.
