Note: Memo only transactions are for historical purposes only. They don’t actually affect any balances or amounts. They cannot be reversed either.
- To do this, go into the loan and click on the Payment History tab
- Right click on an empty row and you will see a pop up “Add Payment History”
- Click on “Add Payment History”
- This will bring up an “Add Payment History” window
- Enter the payment info and click OK
- Now you will see that the historical payment was entered and will be shaded in gray