Ledger | Cashbook Postings | How to reserve an Payment and Deposit?

Question:

I have accidentally posted a creditor/supplier payment to the incorrect bank account.

How do I correct it?

Steps:

Navigate to Ledger --> Cashbook Postings 

Make sure you select the bank account you incorrectly posted to. 

Since a Payment was posted that decreases (credit) the bank account, we need to post a Deposit to increase (debit) the bank account.

We need to post the Deposit to balance the Bank Account. 

Once the changes are made, select the Process button below and select Process Batch. 

Tip:

For incorrect Deposit payment, you will need to post a payment to reservice. 

The reason is that the bank account increased (debit) and now needs to decrease (credit).

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