In MYOB AccountEdge, you can record transactions which are changeable or unchangeable. That is, you can choose to edit and delete transactions in your company file or you can choose to maintain a comprehensive history of all transactions you enter in your company file -- in other words, you can keep a strict audit trail.
Changeable transactions are transactions that can be edited and deleted. If you notice a problem with a transaction, the transaction can be changed or completely removed from your company file if your transactions changeable.
Unchangeable transactions are transactions that, after recording, can only be reversed. In other words, unchangeable transactions can't be edited or deleted after they've been recorded.
To learn if your transactions are changeable or unchangeable, choose Preferences from the Setup menu, then click the Security tab.
If the selection "Transactions CAN'T be Changed; They Must be Reversed" is unmarked, your transactions are changeable. Recorded transactions may be changed or deleted. If you wish to make your transactions unchangeable, mark the selection.
If the selection "Transactions CAN'T be Changed; They Must be Reversed" is marked, your transactions are unchangeable. Recorded transactions must be reversed; they can't be changed or deleted. If you wish to make your transactions changeable, unmark the selection.