Edit a payment?

[Mike or Penny Novack]

On 6/26/2016 4:07 AM, Colin Law wrote:
> On 26 June 2016 at 04:53, Jacqueline Greenleaf <jacque at book-woman.net> wrote:
>> Newbie question here. I processed my first payment (yay!), but now I want to change the transfer account. Where do I do this?
> How did you enter it?  If you did it the usual way using the account
> register (the chequeing account or whatever) then just change it in
> the Transfer field and hit enter.
>
> Colin
> _______________________________________________

The exact right answer depends on the formality with which you are 
keeping your books.

For informal use, do what was suggested. But in formal accounting, 
transactions made in error are never altered, just as would be the case 
in the old fashioned days of pen and ink on paper (in bound books). 
Instead a correcting/offsetting transaction would be entered with the 
description field used to note that it is correcting an error.

Michael D Novack