Our recommendation is to suppress the transaction if it is the last transaction for that day. If there are transactions after that, do not suppress the transaction.  It will affect the running balance shown on the member's statements. 

TIP: When you do decide to suppress a transaction, we recommend you place an asterisk (*) in front of the transaction description.  When a credit union employee looks at transaction history, it will be easy to see that this transaction has been suppressed and does not show on the member's statement.

If you need to change the suppress status or modify the transaction description after the reversal is already done, use Tool #918 Update Trans Desc & IRA/HSA Post Codes.  This must be done before statements are generated at the end of the month, of course.  For more details, use the links below to view online help.