Bank Transaction Entry in Microsoft Dynamics GP where a receipt was entered into the checkbook on the wrong date or amount.
In GP, once a bank transaction is posted, you cannot directly edit the transaction date — but there are proper ways to correct it depending on your business controls.
Simply open Bank Transaction Entry
(Transactions > Financial > Bank Transactions)
Pull up the unposted batch/transaction.
Correct the Transaction Date before posting.
✅ Easiest case.
You cannot edit the posted receipt date. Instead, you need to reverse and then re-enter with the correct date:
Steps:
Go to Bank Transaction Entry:Transactions > Financial > Bank Transactions
Choose Type = Decrease Adjustment (this acts like a reversal).
Enter the same amount as the incorrect receipt.
Use today’s date or the correct accounting date.
Reference the wrong transaction in the description (audit trail).
Post it → this cancels the wrong-dated receipt.
Now re-enter the receipt again with the correct Transaction Date (Type = Increase Adjustment / Deposit).
If the wrong-dated receipt has already been reconciled, you should not delete it.
Instead, use a correcting entry (reverse + re-enter) as above, so that reconciliation history stays clean.
The audit trail will show both the incorrect and correcting entries.
Always reverse and re-enter instead of trying to “edit” historical transactions.
Keep good notes in the Reference/Comment fields for auditors and internal tracking.
If receipts are linked to Receivables (AR), check whether the wrong date affects customer balances or GL period posting (you may need to correct in Receivables Transaction Entry instead of only Bank).
