Reversing a general journal entry

If you're familiar with adjusting entries in a general journal, you can use the General Journal Entry window to reverse entries.

Important: QuickBooks provides the general journal for bookkeepers who know debits from credits and who prefer to enter certain transactions in a general journal. If you are unfamiliar with how a general journal works, you do not need to make journal entries.

To reverse a journal entry:

  1. Choose Banking > Make General Journal Entries.
  2. Choose the journal entry you want to reverse from the list on the left side of the window.
  3. Click task_journal_reverse_1409-1_clip_image002.
  4. Click Save.
    You’ll see a new journal entry with “R” next to the entry number and any debit and credit amounts reversed. The new entry is dated the first day of the next month following the original transaction.