| To create a correction transaction |  |
| To create a correction transaction, take the following steps: In the Operations Management - Financial Reconciliation (tfgld4595m000) session, select the transaction that causes the error. The transaction must have the Ready status. On the Specific menu, click Reconciliation Correction or Reconciliation Rounding Correction as applicable. The Operations Management - Financial Reconciliation (tfgld4595m000) details session starts. Enter the details of the correction transaction. The ledger account of the transaction is displayed. When you post the correction transaction later, you can enter the contra account for the correction transaction. Save the correction transaction. In the Operations Management - Financial Reconciliation (tfgld4595m000) session, on the View menu click Refresh. The correction is added at the top of the list. The Kind of Transaction is Correction (Not Final) and the status is Unposted. Check the effect of the correction transaction on the total amounts. If necessary, on the Specific menu, you can click Switch Automatic calculation On to recalculate the total amounts. If you wish, you can print a report to check the effect of the corrections on the balances before you post the transactions. In the Print Reconciliation Data (tfgld4495m000) session, select the Print Not Final Reconciliation Corrections check box. Make a note of the reconciliation area and subarea. You need this later to post the corrections. Post the corrections for one reconciliation group with the Post Reconciliation Corrections (tfgld4295m300) session. If you wish, you can first simulate the posting. You must enter the following data: The correction transaction type and series used to generate the document number. The transaction type must be Journal Voucher. The contra account for the other side of the correction transaction. Note To create correction transactions in batch, use the Create Reconciliation Corrections (tfgld4295m700) session. Related topics Reconciliation - overview Reconciliation corrections The reconciliation process |