With payments at times the bank may finish processing before the specified date on the transactions, this can make the transaction appear on a statement before the date it was recorded in the software.

Option 1

Void the transaction in the application of origin and re-enter the transaction on the date it cleared the bank.

Option 2

If it is not possible to correct the transaction in the application of origin or if it would incorrectly reflect for taxes and other reporting you can create an adjustment in cash management to move the transaction to the correct date.

Enter an addition adjustment to offset the original transaction:

1. In Cash Management, select Tasks, Edit Register.
2. If you have multiple bank accounts, select the appropriate bank account and click OK.
3. In the Date column, enter the accounting date for the original transaction.
   Note: Press TAB or use your mouse to move your cursor to different columns.
4. In the Type column, select Adj.
5. In the Description column, type a description for this transaction.
6. In the Addition column, type the amount of your transaction. Make this the same amount as the original transaction.
7. Press TAB or click the Detail button, (...>) .
8. Select a clearing account for the GL credit account.
9. From the Type list, select one of the available options as appropriate. The Type list in the detail window is optional and used for reporting purposes only.
10. Click OK to return to the main Edit Register window.

Enter a subtraction adjustment to enter the transaction on the date the transaction cleared:

1. In Cash Management, select Tasks, Edit Register.
2. If you have multiple bank accounts, select the appropriate bank account and click OK.
3. In the Date column, enter the date the transaction cleared the bank.
   Note: Press TAB or use your mouse to move your cursor to different columns.
4. In the Type column, select Adj.
5. In the Description column, type a description for this transaction.
6. In the Subtraction column, type the amount of your transaction. Make this the same amount as the original transaction.
7. Press TAB or click the Detail button, (...>) .
8. Select a clearing account for the GL debit account.
9. From the Type list, select one of the available options as appropriate. The Type list in the detail window is optional and used for reporting purposes only.
10. Click OK to return to the main Edit Register window.

When Clearing the transaction Clear the Subtraction adjustment on the date the transaction cleared the bank. For the original transaction clear it on the same date you clear the addition adjustment.