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Status Acknowledged
Product IRIS KashFlow
Categories Bank
Created by Guest
Created on Apr 8, 2018

Moving transactions up or down in bank accounts

At times during a single day several events affecting the same bank account may happen, for instance sales invoices, purchases and bank transfers (such as withdrawals from Paypal to corporate account).

Very often I have noticed that the transaction entries in the account do not follow the same order that appears in the Paypal statement (although I guess this applies to just any bank account).

This causes a temporary negative balance (for instance if a withdrawal is logged before some other transactions that in reality took place BEFORE the transfer itself) that is confusing and annoying when having to tally figures.

As I cannot enter the time of the transaction to force the transaction to go up or down where it really should be, I propose the ability to shift the transaction up or down, perhaps restricted to a very short time span (like maximum 2-3 days).

It would be very useful to ensure that the transactions logged in KF are always a perfect mirror image of the statement itself.

Thank you.

Kind Regards,

Fabio Gangarossa, Computer Studio Ltd.

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  • Gavin
    Reply
    |
    Nov 6, 2019

    I'm in total agreement with this. 

     

    When reconciling statements, it would be super handy to move transactions up and down - it would speed up the process of working out where the error had slipped in.