How to Correct a Data Entry Error in Sage 300 Bank Services

Steps:

On the Bank Entry screen, enter an adjustment for the amount of the error. (Use a data entry
correction distribution code and a clearing account for the adjustment.)
- Note: You can open the Bank Entry screen in either of the following ways:
  - On the Reconciliation tab of the Reconcile Statements screen, select the transaction you want to adjust, and then click Bank Entry.
  - Open Common Services > Bank Services > Bank Transactions > Bank Entry.
Enter a corresponding adjustment in the originating subledger. For example, if you issued a manual check for $100, but recorded it in Accounts Payable as $10, the adjustment in Accounts Payable would be: If the check was recorded at more than its actual value, the debit and credit accounts are reversed.
On the Reconciliation tab of the Reconcile Statements screen, change the check’s status to Cleared. The amount in the Withdrawals column appears in the Cleared Amount column. The error amount is offset by the bank entry, which you can reconcile, separately, once you post it.
Click Save.
- Tip: You can view the result on the Summary tab. (Click Calculate to update the summary if clicking Save does not change it.)