Reversing historical payments

Historical payments with posted applications are included in the payments with posted applications list. Historical state payments have a reversal header record if the Allow Historical Application Reversal field on the Receivable company record is selected.

The payment reversal includes changes from historical to open for a qualified payment. The state change includes any detail reversal records, regardless of whether the company's historical application reversal field is selected.

  1. Select Applications > Review Applications > Payment Reversals.
  2. Select Additional Actions.
  3. Search for desired payment.

    Company and batch are required for best performance.

  4. Click Create Reversal Header to select specific application details to be reversed, or click Create And Reverse All to reverse all applications for the payment.

    Application Reversal Creation can be run instead of the payment reversal header’s release action to create the reversal application records.