Exact Globe

Product Update 411: Reversing bank cost entries disabled for closed periods (Malaysian legislation)

In this product update, an additional validation has been imposed on the accounting processes to prevent any reversals made to the paired bank cost entries once the financial period has been closed.

The Reversal entry button has been removed from the pop-up screen displayed when you attempt to unmatch a bank cost entry in a closed period. You can only choose to reopen the period and void the bank cost entry if such right has been granted, or cancel the event.