Adagio has an easy feature which allows you to reverse NSF Cheques through the BankRec. The steps are: BankRec --> Balances --> Select Bank --> Select Deposit --> Select NSF entry and push the NSF button. This allows the NSF process to work its way through the BankRec, Ledger and Receivables (putting the original charge back onto the customers account).

Q. What if the NSF cheque was deposited at the end of the month and the NSF cheque didn't appear until a week later. By this time, the month end bank reconciliation has already been done. Therefore, the above paragraph solution is no longer an option. Is there still a possible option like the above paragraph solution?

Hello Spence101,

Use the same method. You can process an NSF on a Reconciled Deposit. This was changed in 81A.

When the Process NSF Check window comes up, you can set the NSF Process on date. This date becomes the date of the negative Receipt. It defaults from the current session date.