How To: Set A Journal to Reverse on A Given Date in Sage 50 Accounts

A journal can be set to reverse on a given date. This means that the original debit and credit postings are now posted as credit and debit for the same amount. This may be useful if there is income or expenditure to be accounted for but has not yet been received. Reverse journaling is similar to prepayments and accruals but refers to a single months only instead of spreading the expense/income over several months.