Reversing Payments After They've Posted (Disputes or NSF)

There are times when you will have payments that have been applied and posted that need to be changed. Once accounting entries have been made, this is not simply quick work to delete the payment or make a small edit. In order to be compliant and follow proper accounting principles, appropriate adjusting entries for the reversal need to be made.

With the new "Reverse Payment" option, all this is handled for you, and you can be assured you are able to make a difficult situation a piece of cake.