Resetting Transactions in Transaction Manager

Resetting transactions provides the flexibility to take different actions, such as finding a match, excluding, or adding them to the general ledger.

1. Access Transaction Manager:

   • Start by navigating to the Transaction Manager.

2. Locate the Transaction:

   • Find the transaction you need to reset. This can be done by browsing through your transactions or using the search and filter options for efficiency.

3. Initiate Reset Process:

   • Click the "•••" (three dots) in the Action column next to the transaction you wish to reset.

4. Select Reset Option:

   • From the dropdown menu, choose the "Reset" option.

5. Confirm Reset Action:

   • Click on the "Action" button next to the transaction and then select the "Reset" button to confirm your decision.

6. Review Reset Transaction:

   • After clicking "Reset", the transaction will appear in the "Open Inquiries" tab.
   • If you click on the "Action" button again, you will be presented with additional actions you can take on the transaction.

Understanding the Reset Function

• Purpose of Resetting: Resetting a transaction removes it from the general ledger or unmaches it, allowing you to perform actions like finding a match, excluding it from the bank feed, or adding it to the general ledger.
• Follow-up Actions: After a transaction is reset, you can find it under the Open Inquiries tab to take the necessary follow-up actions.

Actions You Can Take Post-Reset

1. Find a Match: Match a bank feed transaction to its corresponding transaction in the general ledger, such as linking a bank expense transaction to an expense entered directly into the general ledger.

2. Exclude: Exclude a transaction from the bank feed to avoid duplication, especially useful for transactions that have already been manually added to the general ledger.

3. Add to GL: Add a bank feed transaction directly to the general ledger for accurate financial recording.