Unposting a journal entry
You can unpost an incorrect journal entry from the current period by backing out the journal entry. After you back out and unrelease the journal entry, you can correct, release, and repost it. You cannot back out intercompany journal entries. To correct a posted journal entry for a previous period or for a company that does not allow unposting, you must reverse the incorrect journal entry and define a new one. See Reversing a journal entry.
The company that you are unposting a journal entry for must be defined to allow the unrelease of released entries and the backout of posted entries. Use this procedure to unpost a journal entry.
- Access Journal Control (GL45.1).
- Inquire on the company and period for the journal entry that you want to unpost.
- Select the Backout line action next to the Posted or Quick Post journal entry that you want to unpost, and then select the Change form action. This changes the journal entry status to Released and removes the journal entry from current period account balances.
- Select the Unrelease line action next to the journal entry that you want to unpost, and then select the Change form action. This changes the status of the journal entry to Unreleased.