How to reverse an interest on accounts receivable


  • Click on Clients and Matters.
  • Select a client where the interest is posted.
  • Click on bills and payments tab.
  • Select the interest entry.
  • Right Click < Click on Reverse < Yes.
  • Select or enter the date of reversal.
  • Enter the reason of reversal.
  • Click on Reverse.


  • Make sure the status of the interest is unpaid.
  • Make sure the date of reversal is in the same month.