RE: Can we delete a GL entry
No. As an accountant I would say that anything that allows the changing of a GL entry after it has been posted is a _very_ bad thing. The only systems I know that allow this are the systems aimed at the one person business like QB, which are really designed to just provide a transaction list and reports to pass onto an accountant at a later stage for production of accounts.
I do remember using a system once (though it was many years ago and I can't remember what it was) where the transactions were posted to the system by a user, but didn't appear in the GL until approved by someone else, and so could still be changed. My experience of it wasn't that good though, it just caused delays, and then hard pressed supervisors would just authorise stuff without really looking at it, thus negating the point.
Thanks
Tim
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