Why voiding creates a reversal

A simple example

Your recorded balance is $1,000. You enter a $50 expense, so it becomes $950. Later, you discover that the receipt was for $45.

1. Void the $50 transaction. Kakeibo marks the original as voided and writes a system-generated $50 entry in the opposite direction. This is called a reversal. The recorded balance returns to $1,000.
2. Record the correct $45 expense. The recorded balance becomes $955.

The original, reversal and new transaction remain linked in the history. The ordinary list hides voided and reversal entries by default; turn on the option to include voided records when you need to inspect them. The reversal is a correction, not real income.

Void or refund?

Use void when your own record was wrong. If a merchant actually sends money back, record a refund instead: the purchase happened, its original expense remains valid, and the returned money is a separate real movement.

How to record and edit transactions · Open transactions