With Wakandi, you can reverse transactions that were posted with errors.
Go to Ledgers. Select Transactions.
Step-by-step guide on how to reverse a payment.
- Login to the Wakandi Admin App.
- Go to Ledgers.
- Select Transactions from the dropdown menu.
- Select the account type you want to reverse.
- On the Transaction type, choose Error correction.
- On Debit Account type the name of the member you want to reverse the transaction.
- Review the account summary to see all the transactions posted.
- Select the payment you want to reverse by checking the box on the left side.
- On Transaction details, you will find the amount being reversed has been filled in automatically.
- Add comments if any.
- Click Submit to reverse the payment.
Done! The transaction will be reversed and you can post a new transaction with the correct details.