Dear Sirs,
We have made a payment by Cheque to a party in last financial year, which was not deposited in bank by the party and therefore it is not showing in bank statement and hence still showing in our Bank Reconciliation under "Cheques issued by not yet presented for payments". Now that cheque has been expired and we don't want to show this entry in our bank reconciliation. How to reverse this payment in Tally so that it doesn't seen in our bank book.
PS: This payment was made in last financial year and therefore it is showing in the Opening BRS in Tally.
Please help.
Thanks and regards