There could be a few reasons as to why a transaction's status is listed as posted.
1. If that item is cleared (checked off) in an open reconciliation statement
- To undo this, go to Accounting > Bank > select a bank > click Details > click Reconciliation
- Locate the open statement and select Details
Here you will need to uncheck (unclear) the transaction and "Leave" the reconciliation in order to remove this transaction from its posted status.
2. This item may be cleared or uncleared in a CLOSED reconciliation statement
(the month which matches the date of this transaction)
Ex: The transaction is dated 1/12/14. This transaction will be marked as posted if the 1/31/14 statement is reconciled, regardless if the item has been cleared
A deposit slip may be created for 2 reasons:
1 - You created one yourself to lump checks together which were deposited on the same date (helps with reconciling)
2 - You received new funds and applied that one transaction to multiple matters for that client. They are then automatically grouped in a deposit slip
- To undo this, go to Accounting > Bank > Details > Deposit Slips
- Select related deposit slip and click either edit (to remove transaction) or delete to delete the entire slip.
Wondering what Deposit Slips are for? See HERE