You can easily undo your last bank reconciliation. That is, after you've successfully reconciled an account using MYOB AccountEdge, you can reverse the action of reconciling checks and deposits. You may, for example, find that you've cleared and reconciled the wrong transaction. Using Undo Reconciliation, you can return the transactions included on the reconciliation to an "unreconciled" status; the transaction will again appear in the Reconcile Accounts window
Only a single reconciliation can be undone at one time -- the last one, but you can undo a reconciliation a number of times in succession. For example, the error you want to correct may have happened in a reconciliation you performed three statements ago. To correct the problem, you can perform Undo Reconciliation three times to reverse the "reconciled" status of the transactions that appeared on the previous three statements.
Because the undo process can't be reversed, we strongly recommend that you back up your company file before you begin the Undo Reconciliation. If, after you undo a reconciliation, you decide that you shouldn't have, you can restore your backup. Without a backup, you will have to perform the reconciliation over again.
Warnings:
If you've purged transactions and then try to undo a reconciliation
If you've used the Start a New Fiscal Year feature and then try to undo a reconciliation
Caution:
This window also reminds you to back up your MYOB AccountEdge company file. Click the Back Up button if you wish to back up your company file at this time. (To make a backup)