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After you record a bill payment, you might want to view the transaction sometime in the future. MYOB AccountEdge allows you to easily find the bill payments you've entered into the system.
Delete or reverse
You can also quickly remove the effects of a bill payment from your records or change a bill payment. It is important to know whether the payment transaction is changeable or unchangeable. (Choosing changeable or unchangeable transactions)
If the transaction is changeable, you can make changes or delete the payment altogether from your ledger. Keep in mind, if you activated the Use Audit Trail Tracking preference, all deleted transactions are recorded. (Changes and entries recorded by Audit Trail Tracking)
Unchangeable transactions work differently. When you reverse an unchangeable bill payment, the effects of the original payment are no longer part of your ledger; however, a record of the reversed payment -- called a reversing transaction -- will remain. Then, if you want, you can enter a new, correct transaction to replace the transaction you reversed.
If you notice a problem with a bill payment you've already applied to a purchase, be aware that you can't simply change the payment. You'll need to delete or reverse the payment first, then re-create and re-apply the payment.
Bank Register window
You can also use the Bank Register window to view a complete transaction history for a selected date range a selected account and open the source window of each transaction for more detailed information.
If a discount for early payment was included with the payment, you must complete an additional step when deleting or reversing payments; you must also delete or reverse the discount transaction.
Stop payments
If you entered a stop payment order with your bank, and you've received confirmation that the payment has not been presented and paid, you can reverse the payment in AccountEdge and record a new payment, if you wish.
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