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February 27, 2019 - By Sarah Breuls

Do you need to reverse a payment you have made in Sage 300 (Accpac)?  Whether it is a cheque (check), EFT, Wire, etc) it is the same steps to fix.

  1. Log into Sage 300
  2. Go to Common Services –> Bank Services –> Bank Transactions –> Reverse Transactions
  3. You will then fill in the Bank of which the payment was paid out of
  4. Set the Source Application to Accounts Payable
  5. Add a reason for reversal (wrong amount)
  6. Reversal date (recommend to match the “incorrect” payment date)
  7. Fill in/Search Vendor
  8. Fill in/Search the Cheque #/Payment #
  9. The Payment Amount and Payment Date will automatically populate by the Cheque #/Payment #
  10. Select Post
  11. This will clear the payment transaction and allow you to go back into the accounts payable module and redo the payment

Reversing a payment in Sage 300

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