I think that there needs to be a facility with MYOB AccountRight for entering automatically reversing journals.
This would be a great feature and one that lots of MYOB users would appreciate as...
I'd love it if you could open a previous journal entry, select a button called 'reverse' that opens up a new journal entry with the transactions reversed.
Hello Sally SallyIMH
You can do a reversal of a journal in Account Right.
Firstly go to Setup / Preferences and then the Security Tab. Put a tick on the first option "Transactions CAN'T be changed; they must be Reversed"
Then open the Journal you want to reverse. Right click and select the Reverse option. this creates the reversal and just date it as you want . Record. you can then change the Preference back to normal.
Cheers
David