Type R Transactions

Recon type (type 'R') of transaction is a special type of transaction that different from normal transaction (type 'N') where user enter the balance of the account, instead of the amount of transaction. The amount of transaction will be determined by the system from the previous balance where system always ensured the balance of account will be equals to balance the user entered.

Example

Let say we have transactions like following:

Date TxnTyp UserAmt TxnAmt(Effective)   Balance
1Jan    N     10.00           10.00       10.00
5Jan    N     20.00           20.00       30.00
8Jan    N     30.00           30.00       60.00

Then let us create a Txn on 7Jan, type='R', with amount=45.

Date TxnTyp UserAmt TxnAmt(Effective)   Balance
1Jan    N     10.00           10.00       10.00
5Jan    N     20.00           20.00       30.00
7Jan    R     45.00           15.00       45.00  <-- user add this
8Jan    N     30.00           30.00       75.00  <-- new calculated balance

The system will calculate the amount of that txn, should be 15.00, so that the balance=45 (as entered by user). And also see that the new balance of Txn on 8Jan.

Let's said now, we have another txn that we forget to enter, on 6Jan, type='N', with amount=8

Date TxnTyp UserAmt TxnAmt(Effective)   Balance
1Jan    N     10.00   10.00               10.00
5Jan    N     20.00   20.00               30.00
6Jan    N      8.00    8.00               38.00 <-- user add this txn
7Jan    R     45.00    7.00               45.00 <-- TxnAmt adjusted (15->7)
8Jan    N     30.00   30.00               75.00

You will see that the 'R' type transaction's amount will be changed automatically, where system always ensured that the balance of the 'R' type transaction always equals to the amount that user entered (45.00 in this case).

Why Type R?

1. Discrepancy Detection
2. Mistake Proofing
3. Cash Management

Appearance

Type R transactions are display using different background color(version 1.1.0.2).