Hi
There are some house bank issues (FD with Bank A with Cheques from Bank B and Interest with Bank C). To get this done I need to enter the house bank for each line item and the entries get posted.
Point 1
At times the user later realises that the house bank is wrong and wants to reverse the line items correct the shouse bank and repost.
How can I reverse the interest posted. I do not want to reverse the FD but only the intrest line item.
If thre is no standrad transation, is it advisable to create a new flow tye for such reversals and then create a new line item for the interest and post.
Point 2
At times the posted interest has minor difference from those received from the bank. How can this be rectified at the subledger level so that the GL and the sub ledger is reconciled. Again, is creating a manual flow type the only way?
Please advise.
Best Compliments
S