Use this area to cancel a trust receipt entry.

1.       Click on the Accounts Menu/Function button.

2.       Select the appropriate Trust Account from the Drop Down List.

3.       Locate the Receipt Transaction in the Transaction View area either by using All Transactions

or Transactions By Ledger. See: Transaction View

4.       Double Left click on the transaction, the Receipt Active Window will be displayed.

5.       Click on the Cancel Receipt button.

6.       Enter the Cancellation Date into the Date of Cancellation using the Calendar Drop Down

List. Note: a future date or a date prior to a closed bank reconciliation will not be allowed. 

7.       Enter an explanation for cancelling the receipt into the Reason field.

8.       Click on the OK button.

Note: Cancelled Receipts will either have:

a.       The same tender type as the original receipt if that receipt was not included on a ‘closed’

bank sheet when the receipt was cancelled or

b.       The tender type will be EFT if the original receipt had already been included on a ‘closed’

bank sheet when the receipt was cancelled.