Great video! I have a question: If I need to reclassify a transaction but its out of the qtr that has been closed already, what Journal entry needs to be done?
Without seeing it or knowing more, I can't suggest anything specific. But what may have happened is that something was debited incorrectly which means you'd credit the account which was selected in error and then debit the account that should have been selected. If you want me to take a look and give more specific advice you can schedule a 15-minute meeting: www.gentlefrog.com/15-minute-training/
So helpful, thank you so much!
You're welcome! I'm so glad it was helpful.
Thank you so much!
You're welcome!
Great video! I have a question: If I need to reclassify a transaction but its out of the qtr that has been closed already, what Journal entry needs to be done?
Without seeing it or knowing more, I can't suggest anything specific. But what may have happened is that something was debited incorrectly which means you'd credit the account which was selected in error and then debit the account that should have been selected.
If you want me to take a look and give more specific advice you can schedule a 15-minute meeting: www.gentlefrog.com/15-minute-training/