(ID# 3575) Set this A/R option in Options Configuration to Yes if you want both the original transaction and the credit created by a Transaction Reversal to be marked as deleted. Both transactions will remain in the system for audit purposes, but will not show on the customer's statement (assuming the Statement Report [RSM] is run with Option D to Suppress Deleted Transactions). If the deleted transaction is an ROA, the payment will not show on the Check Register report (RCK).
The Daily Journal Report (RDJ) will show three entries as a result of a transaction reversal: the credit (the reversal), the deleted credit, and the deleted original invoice. If the reversal was done on the same day as the original transaction, the RDJ will also show the original invoice. G/L activity will net out to 0.
If you don't want the transactions to be marked as deleted, set this option to No.
This option defaults to No.