Question regarding documenting Reversing Transactions

[Mike or Penny Novack]

On 4/25/2017 2:21 PM, david.carlson.417 wrote:
>      
> David T,
> My personal preference would be to   replace the line under the description with a comment similar to "Reverses transaction dated mm/dd/yyyy"
> David C
>
And here is where I would express a strong preference for "free form" 
because SIMPLY reversing a transaction is not the only sort of 
"reversing" transaction. I might be wanting to say things like 
"correcting the amount" or "posting to correct account", etc.


Michael D Novack