Reversal of Bill of Exchange Transactions 

Use

This program allows you to reverse postings of bills of exchange receivable that you have made, and any other transactions that you have made using the Bill of Exchange Transactions program. The only transaction that you cannot reverse is bounced bills that you have cleared from the system (see Clearing a Bounced Bill).

Integration

Once you have reversed a transaction, it is no longer shown in the bill of exchange history.

Features

To improve system performance, you can implement the Business Add-In in Customizing for Financial Accounting (FI), by choosing Bank Accounting ® Business Transactions ® Bill of Exchange Transactions ® Bill of Exchange Receivable ® Post Bill of Exchange Receivable ® Bill of Exchange Portfolios ® Business Add-Ins ® Dynamic Selections in Bill of Exchange Reversals Program.

Selection

The report works the same way for each type of transaction that you have to reverse.

In the ...

...

       1.      In the Turkey menu, choose Bills of Exchange ® Reversal of Bill of Exchange Transactions.

       2.      Enter your company code.

       3.      On the Reverse Postings tab, select the transaction that you want to reverse and how far back you want to reverse it.

       4.      On the Selection Criteria tab, enter data as required and choose .

A list of bills of exchange appears, which is formatted using the SAP List Viewer: see this documentation for more information about navigating and formatting options within the list.

To access a bill's history, position the cursor on the bill's document number and choose .

       5.      Select the bills that you want to reverse and choose .

       6.      In most cases, a dialog box appears, where you are required to confirm your entries. To do so, choose Yes.

If you are recording that a bill has bounced, a different dialog box appears, in which you enter which portfolio you want to transfer the bill to. Enter data as required and choose .

Output

The system:

·        Creates a new document to reverse the postings as appropriate

It creates a separate reversal document for each document to be reversed. Each document contains the assignment number.

·        Prints a transaction record, in the following cases only:

¡        Cleared at Bank to Bounced at Bank

¡        Cleared at Vendor to Bounced at Vendor

¡        Bounced at Bank to Cleared at Bank

¡        All reversals to Customer Invoice