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Are we able to cancel a bank reconciliation ?f yes, please help.
Has far I know there isn't any std. way to reverse a posted bank account statement. You could try to post again bank account ledger entries from incorrect statement and then post correct statement.
But how you do that??
Nuno is correct - it's just a matter of updating the Bank Account Ledger Entries back to open.
Using an general journal post all entries that were closed by incorrect bank statement. Then generated again a new bank statement.