Reversal

Use

Reversing an Individual Activity

The manual reversal function lets you reverse debit positions, incoming payments, disbursements, capital transfers and other postings (for example, accruals/deferrals). You can use this function to reverse all posted transactions (actual records) provided they have no significant impact on the cash flow (for instance, the reversal of a repayment receivable, upon which subsequent interest records are based).

If you reverse postings that were generated on the basis of conditions, the actual records are converted back into planned records. All other reversed actual records no longer appear in the cash flow.

You are only allowed to reverse documents from the Loans Management area using this function. You cannot reverse them from Financial Accounting. If you reverse a document in Loans Management , the document in Financial Accounting (FI) is reversed automatically.

Reversal of accruals/deferrals

This function allows you to reverse individual accrual/deferral runs or several accrual deferral runs for a certain key date using various selection criteria.

The system distinguishes between accruals/deferrals for premiums and discounts, interest accruals/deferrals and accrual/deferral resets.

  • When you reverse accruals/deferrals for discounts or premiums, the system checks whether other accrual/deferral postings have been made since the posting you want to reverse. If such postings exist, the accrual/deferral is not reversed, since accruals/deferrals according to the difference procedure are based on past accrual/deferral postings.

  • When you reverse interest accruals/deferrals, the system checks whether the accrual/deferral posting has been reset. If this is the case, the accrual/deferral is not reversed. To reverse the accrual/deferral, you must first reverse the reset posting by selecting Reset.

Reversal of returned debit memos/incoming payments

You can reverse incoming payments posted using the auto debit procedure (returned debit memos). This function is only available for loans given.

Prerequisites

In order to be able to reverse documents, you must define reasons for reversal in Customizing in the IMG activity Define Reasons for Reversal .

When you process returned auto debits using the electronic bank statement you can use the new Business Add-In BAdI Assignment of External Reversal Reasons to assign external reasons for a reversal to internal reasons within Loans Management .

You must assign the various activity categories for each product type to the reversal transactions in Customizing in the IMG activity Assign Activity Category to Group Reversal Transaction . This allows you to display the documents to be reversed when you use the reversal function.