It is always possible a transaction was entered wrong. To make this correction transparent in the Leaseze property accounting system, we offer the option to reverse the transaction. We never delete a transaction.
So, you will see the correction perfectly visible in your journal.
- Just click on the green icon in the row of the transaction you want to reverse. (our system remembers the full logic of the original transaction by transaction_id)
You can rest assured this is done correct by GAAP accounting standards.