Frequently Asked Question

How to Move a Miss-Posted Rent Payment
Last Updated 2 months ago

These notes relate to when rent has been received in the bank and posted and reconciled to the wrong tenant.

If the error is discovered while the period into which it was posted is still current (open) then:

  1. Unreconcile the existing rent transaction that is in the wrong place.
  2. Delete the transaction.
  3. Enter the transaction where it belongs
  4. Reconcile.
If the rent transaction is in a period that is already closed then proceed as follows.

  1. Unreconcile the existing rent transaction that is in the wrong place.
  2. In the Rent Entry screen, enter an exact reversal of the original wrong transaction.
  3. Do a Manual Reconciliation between the above two rent transactions.
  4. Enter the original rent details into the ledger of the correct tenant. (Use the original date - not the current one).
  5. Reconcile it to the original banking.

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