An example of this would be deleting actual payroll checks in a prior quarter I have seen times when you then can not reconcile your payroll 941's and other ytd's. A second example would be to delete inventory receipts in prior periods then have the items deleted go into a negative quantity on hand. Especially in these quantity on hands have been used in built assembiles or work tickets. You could end up with a cost roll up on the finished items that is not correct. I am just suggesting you be careful and in those cases you are better off recording a second transaction which also provides an audit trail.
An example of this would be deleting actual payroll checks in a prior quarter I have seen times when you then can not reconcile your payroll 941's and other ytd's. A second example would be to delete inventory receipts in prior periods then have the items deleted go into a negative quantity on hand. Especially in these quantity on hands have been used in built assembiles or work tickets. You could end up with a cost roll up on the finished items that is not correct. I am just suggesting you be careful and in those cases you are better off recording a second transaction which also provides an audit trail.
Jen