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Unposting a transaction means reversing the previously posted transaction and such reverses the entries posted in the GL Account Details. This allows you with a way to make a correction on the posted transaction at a later time. In essence, this backs out the transaction from your GL Account Details like it was never there to begin with. The difference is that the GL Account Details will still keep a record of the posted and unposted transactions so that you have a type of audit trail showing the history of that transaction.

Under certain circumstances you may not be able to unpost a transaction due to a variety of reasons listed below.

• There is no Fiscal Year created for the date you are trying to unpost the transaction .
• You have closed your periods in the Fiscal Year screen for the date you are trying to unpost the transaction  .
• The transaction you are to unpost is not originally created by you and Allow User to only Post Transactions they created checkbox is checked in the User Security screen.
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• The Bank Transaction had been cleared.

The following will guide you on how to unpost a previously posted bank transaction.

1. Open the posted Bank Transaction you want to unpost.
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2. Unpost the transaction. There are 2 ways to unpost a bank transaction.
   1. On Bank Transactions screen, click Unpost toolbar button.
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   2. On Bank Transactions screen, click Recap toolbar button to open Recap Transaction screen. Click Unpost toolbar button.Image Added
3. The bank transaction is unposted. These changes will then be applied.
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   1. Ready is shown at the left part of the Status bar.
   2. The previously Unposted toolbar button is now labeled as Posted.
   3. The Balance field is now updated with the reverse of transaction, thus taking out the amount of bank transaction from the existing balance.
   4. The entire screen is back as enabled allowing the user to make necessary changes.
4. The bank transaction that was unposted then updates the following areas in i21.
   
   1. In the GL Account Detail. You may open any account used from the bank transaction, then select the bank transaction by clicking the checkbox before the Date field and click Transaction Detail toolbar button. That will open the GL Transaction Detail screen, where accounts affected by the unposting of bank deposit are shown. 
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      If you open the Account assigned for the bank account used in the bank transaction, the Ending Balance field at the bottom will show the same amount shown in the unposted bank transaction.
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   2. Bank Accounts screen > Balance field for the selected bank account will be updated with the unposted Bank Transaction. That same amount matches that of the unposted Bank Transaction > Balance field.
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   3. In the Bank Account Register for the Bank Account used, it backs out the bank transaction as if it was never there to begin with. Balance field matches that of the unposted Bank Transaction > Balance field. 
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   4. In the Bank Reconciliation > Payments and Debits panel for the Bank Account used, it backs out the bank transaction as if it was never there to begin with. Bank Account Balance field matches that of the unposted Bank Transaction > Balance field.
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Unposting a transaction means reversing the previously posted transaction and such reverses the entries posted in the GL Account Details. This allows you with a way to make a correction on the posted transaction at a later time. In essence, this backs out the transaction from your GL Account Details like it was never there to begin with. The difference is that the GL Account Details will still keep a record of the posted and unposted transactions so that you have a type of audit trail showing the history of that transaction.

Under certain circumstances you may not be able to unpost a transaction due to a variety of reasons listed below.

• There is no Fiscal Year created for the date you are trying to unpost the transaction .
• You have closed your periods in the Fiscal Year screen for the date you are trying to unpost the transaction  .
• The transaction you are to unpost is not originally created by you and Allow User to only Post Transactions they created checkbox is checked in the User Security screen.
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• The Bank Transaction had been cleared.

The following will guide you on how to unpost a previously posted bank transaction.

1. Open the posted Bank Transaction you want to unpost.
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2. Unpost the transaction. There are 2 ways to unpost a bank transaction.
   1. On Bank Transactions screen, click Unpost toolbar button.
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   2. On Bank Transactions screen, click Recap toolbar button to open Recap Transaction screen. Click Unpost toolbar button.Image Modified
3. The bank transaction is unposted. These changes will then be applied.
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   1. Ready is shown at the left part of the Status bar.
   2. The previously Unposted toolbar button is now labeled as Posted.
   3. The Balance field is now updated with the reverse of transaction, thus taking out the amount of bank transaction from the existing balance.
   4. The entire screen is back as enabled allowing the user to make necessary changes.
4. The bank transaction that was unposted then updates the following areas in i21.
   
   1. In the GL Account Detail. You may open any account used from the bank transaction, then select the bank transaction by clicking the checkbox before the Date field and click Transaction Detail toolbar button. That will open the GL Transaction Detail screen, where accounts affected by the unposting of bank deposit are shown. 
      Image Modified
      If you open the Account assigned for the bank account used in the bank transaction, the Ending Balance field at the bottom will show the same amount shown in the unposted bank transaction.
      Image Modified
   2. Bank Accounts screen > Balance field for the selected bank account will be updated with the unposted Bank Transaction. That same amount matches that of the unposted Bank Transaction > Balance field.
      Image Modified
   3. In the Bank Account Register for the Bank Account used, it backs out the bank transaction as if it was never there to begin with. Balance field matches that of the unposted Bank Transaction > Balance field. 
      Image Modified
   4. In the Bank Reconciliation > Payments and Debits panel for the Bank Account used, it backs out the bank transaction as if it was never there to begin with. Bank Account Balance field matches that of the unposted Bank Transaction > Balance field.
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