Hello,

I have a payment that had been individually posted to receivables but bounced upon deposit to the bank. While incorrect GL entries can be reversed after posting, it doesn't seem that the receivables module has such an option. Is there a way to effectively reverse a cash posting?

Thank you in advance.

The Receivables module does not have the ability to un-post as Ledger does. You can recover the batch, but it will make you update the document numbers. You will want to modify the new cash entry to set a negative amount.