Make sure that the first box is checked (Transactions can't be changed they must be Reversed).Go to Setup > Preferences from the menu bar at the top of the screen.
Once the check is reversed you will be able to check off the initial check and the reversal in the Reconcile Accounts window (they will balance each other out) and reconcile them. As a note - the reversal has to occur in the current year. If you have checks that you've written from past years that never cleared the bank (ie: the checks were never cashed) you can reverse the check.
How to handle these transactions depends on why the transactions are still there.
Often, users will have old transactions that they would like to clear from the Reconcile Accounts Window (Banking > Reconcile Accounts). Transactions Posted to Incorrect Accounts.A new Multi-Year Spreadsheet report displays year–over–year comparisons in columns.Īdvanced Filtering. Use advanced filters to search the Bank Register and the Sales and Purchases Registers.Clearing Transactions from the Reconcile Accounts Window Historical Reports. Start building seven years of Profit and Loss reports and Balance Sheets. Include additional charges or fees, should be added as a negative number when using the credit memo. Also sync them from Shopify to settle them in AccountEdge. Returns and Credit Memos. Create a credit memo from an existing sales invoice or as a new sales transaction type. Assign commission rates by salesperson and choose whether to pay commissions based on sale date or payment.
Serialized Inventory. Resellers, manufacturers, wholesalers, and other item-based businesses can track serial numbers from purchase through sale, and beyond with warranty tracking.Ĭommission Tracking. Choose a fixed percentage or amount as a commission, or create a custom rate per item or per activity. Purge Quotes. Purge quotes and lead records that didn’t convert to sales and are no longer needed. Get Paid Online. Web Pay lets you email invoices containing a payment link, allowing customers to pay you online. Profitability. New Profitability reports show the profitability of items, customers and activities. You can also search for local help from one of AccountEdge’s Certified Consultants. Their phone support team is based in their offices in Rockaway, NJ. The vendor offers excellent service and you can visit their website’s support page to avail free email support and make use of self-help resources like a knowledge base, support library, and discussion forum. You can also add payroll forms, direct deposit, credit cards, and many more services. AccountEdge helps you run and report on all areas of your business: time billing, inventory, purchases and orders, and sales and invoicing, and more. The software’s double-entry system means your accountant will be glad when it’s time to peruse your file (especially because the vendor gives them a free copy). With no monthly subscription, it helps you run and report on all aspects of your business: sales and invoicing, purchases, payroll, inventory, time billing, and more.
AccountEdge offers full-featured accounting software for your small business, on the desktop.