Unposted
Just delete
Rollback
Sometimes you can select File | Rollback to undo a a transaction. Un-posting something so you can fix it is a good idea.
Posted Payment or Receipt
- Make it RED
- Command | Adjustment | Cancel Make a note as to why you deleted.
- To correct a wrong transaction find the original (now Red) transaction. Duplicate with same Transaction # and make BLACK (Colour None). Then fix.
This means there are now three transactions. Two red that cancel each other out and a new unposted black one that is correct.
Cancelling Unpaid Invoices:
From the MoneyWorks manual (with bits deleted that do not apply to our version):
Invoices can be cancelled only if they are unpaid (either in full or in part)1. If you cancel an invoice, a credit note (negative invoice) is created and posted. Both transactions will be marked completed so neither will appear in the Payables or Receivables lists.
The reference number (invoice or cheque number) of the cancellation will be the same as that of the original, but with a “-” (minus sign) appended to it.
Cancelling Paid Invoices:
When you go to Command | Adjustment | Cancel a paid invoice it tells you you can’t do that and suggests:
You may wish to create a credit note to contra against it.
From the official MoneyWorks Manual:
In MoneyWorks a credit note from a supplier is entered as a negative creditor invoice–the window title changes when the Amount field is negative.
It will (when posted) appear in the payables list until either “payment” for it is made