How to Reverse a Nominal Reconciliation in SFM

How to Reverse a Nominal Reconciliation in SFM

Reversing a Nominal Reconciliation in SFM

  1. Click on the Archive 
  2. Select Nominal > Nominal Reconciliation from the drop-down menu.



  3. Select the Nominal reconciliation you wish to reverse.
  4. Press the Reverse button or (CTRL+R).



  5. Click Yes on the Confirm Reversal pop-up.
  6. A final pop-up will inform you that the 'Nominal reconciliation reversed successfully.'
Notes
The system only allows you to reverse Nominal reconciliations on a particular account from latest to oldest first.

Reversal Error

While performing the reversal, you may be greeted with an error stating that there are still tagged records in the current reconciliation.

  1. To solve this, go to Current year > Nominal > Nominal Reconciliation.
  2. Select the account.
  3. Untag all the records to date.

    • Related Articles

    • How to Reverse a Bank Reconciliation

      Reversing a Bank Reconciliation in SFM Click on the Bank Reconciliation drop-down menu. Select Archive. Select the bank reconciliation you wish to reverse. Press the Reverse button or (CTRL+R). Click Yes on the Confirm Reversal pop-up. A final pop-up ...

    • How do I process a Nominal Reconciliation?

      Procedure for Reconciling a Nominal Account (Current Year > Nominal > Nominal Reconciliation) Account Field: Select the relevant Nominal Account from the drop-down menu that you wish to reconcile. Details Field: Enter any necessary free text in the ...

    • SFM Release Notes

      How to Update SFM 17th July 2026 | v.2.0.11.213 CBM (Central Bank Malta) SEPA Update: If you are a CBM SEPA customer, please note that a new configuration is now required: Setting Up SEPA v9. 18th June 2026 | v.2.0.11.212 Voyage Mail Template: Fixed ...

    • How to Process a Bank Reconciliation

      Learn how to run a bank reconciliation in SFM in the video below. You can also refer to the instructions written below the video. Starting the bank reconciliation process To begin the bank reconciliation process, click on the Bank Reconciliation ...

    • How to Reverse a Nominal Transaction in SFM

      Reversing Entries in SFM Once users confirm an entry in SFM, they cannot modify any of its elements. The only available option is to reverse the entire transaction and re-post it with the correct values. The system supports both simple reversals and ...

    • Recent Articles

    • SFM: How to Issue a Credit Note

      A Credit Note can be used to reverse an invoice that has been posted incorrectly in SFM. This allows you to adjust or cancel the original transaction while maintaining a complete audit trail. Creating a Credit Note To create a Credit Note, navigate ...

    • How to generate a Report by Transaction Type and Analysis Code

      Generating a Report by Transaction Type in SIMS Navigate to SIMS > Reports > Miscellaneous > Analysis Code. From this screen, select the desired Transaction Type to apply as a filter. If a summarized version of the report is required, tick the ...

    • How to Set Off a Client / Supplier

      The Set Off functionality in SFM allows you to offset outstanding balances between a client and a supplier when the same entity exists in both roles. This feature is particularly useful when a company has pending sales invoices due from a client, ...

    • Exporting or Importing Documents in Windows App

      Using the Correct Redirected Path When connected through the AVD Windows app, you must export or import files using the redirected drives. Internal AVD paths (such as C:\Users or Desktop inside the session) do not allow saving and will cause ...

    • How to Activate Advanced Commission

      Advanced Commission Overview The Advanced Commission feature provides the ability to customize commission settings for all salespersons within the system. Enabling Salesperson Commission To activate this functionality, navigate to: SIMS > Admin > ...

    • Popular Articles

    • How do I process an End Of Year in SFM?

      Overview SFM allows posting into two financial years simultaneously. This means that users do not need to finalise 2025 before starting to post entries into 2026. The end of year procedure will move the “Current Year” data into the "Previous Year". ...

    • Do I need to Process an End-of-Year in SIMS?

      SIMS does not require an end of year procedures to be run. However, SIMS controls users to only allow posting of transactions, such as sales invoices, cash sales, adjustments and purchases, within a range of dates referred to as the Posting Period. ...

    • How to reset your Shireburn remote desktop service (RDS) account password

      The password for the Shireburn RDS Account used to connect to RDS server is set to expire after 90 days. A notification is provided to the user daily starting 5 days prior to the expiry date. In order to change password, the following steps need to ...

    • How to setup a System Control Account in SFM? (Bank Account, Cash Account, Stock Control, etc...)

      Create the Account in your Chart of Accounts as seen below. Please make sure you use the code depending on your Heading and Sub-Heading digits. After creating the account, you need to specify the account as a System Control Account. Go to Support > ...

    • SIMS - User Manual

      The attached PDF includes the necessary functions and features of SIMS to get you started. SIMS User Manual.pdf