Problem: Receipt batch with a deposit date in one year and the posting dates of each entry in another year that was reversed
Problem specific Details:
Receipt batch created and posted as deposit date of 01/12/2022 and all entries in the batch with 11/XX/2021 dates
Reversed the 20 receipts in the batch with a 01/12/2022 date
- Confirmed that the GL balance in 11/31/2021 to bank rec gl balance equal each other
- confirmed that the GL balance in 01/31/2022 to bank rec gl balance also equal
- confirmed AR trial balance to GL balance are good in both 11/30/2021 and 01/31/2021 ok
- confirmed that nothing shows up in bank rec to clear as at 11/30/2021
- confirmed that i see a deposit to clear in 01/31/2022 (this i don't understand it has been reversed)
- confirmed that the GL transaction listing shows - entries debiting the bank in 11/XX/2021 (original receipt batch) and crediting the bank in 01/31/2022 (reversal entries)
Question
- seems logical to me that I would need to do a withdrawal bank entry in 11/30/2021 and a deposit entry in 01/31/2022 through a clearing account for my bank to balance?
- what doesn't seem logical is that I would clear the bank entry withdrawal in 11/30/2021 and then the original deposit entry that is showing up in 01-13-2022
Anyone repaired this type of mistake in reversing and recording a receipt batch. It wouldn't be as big of a deal except that it is year end.
