I have shared the ledger settlement function in MS Dynamics AX 2012 Ledger settlement function post, in this post I will share with you how to cancel a settled transactions.
Under General Ledger Module-Common-Main Accounts, select the main account number you need to unsettle its transaction, press Posted icon in Journal Entries Section, the ledger transaction form will popup, the press Ledger Settlement.
The Ledger Settlement form will popup which showing the transactions stalemated against each other, select the voucher line which need to be cancelled and press Cancel.
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