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Junior Member
Group: Forum Members
Last Login: 8/08/2007 6:48:51 PM
Posts: 2,
Visits: 5
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I have found that the limited ability to edit a transaction is very restrictive. I believe that it should be possible to either edit or delete a transaction at any stage prior to the year end rollover. Most financial software packages that I have used allow an edit or delete facility and will prompt the user to confirm that the transaction should be edited or deleted. Even if the user later finds that the transaction should not have been changed or deleted it can be edited again or reinput.
The process of only being able to reverse a transaction is creating too many reversed transactions especially during the early stages of using mysf.
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MySF Administrator
Group: Administrators
Last Login: 4/11/2010 3:24:01 PM
Posts: 464,
Visits: 633
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Hi,
As outlined in the answer to your posting here, deletion of transaction would mean that the resulting file is impossible to audit as the audit trail is broken.
Transactions can be edited any number of times before rollover in MySF, and they can also be reversed. Both of these functions are accessible through the Transaction Reporter.
Reversing a transaction will produce and equal an opposite transaction to affect the reversal. You are right that many reversals will lead to a large amount of transactions, but reversed transaction and those processed automatically to reverse them are hidden from view and will not have any negative effects on processing.
Please let us know if you would like any further information or assistance.
Regards,
MySF
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