Reversal of Accrual/Deferral

Use

You can use this function to reverse business transactions fromAccrual/Deferral.

All flows belonging to an accrual/deferral run form a business transaction. You can, however, still reverse the accrued/deferred flows of a single class using this function without also having to reverse the accrued/deferred flows of the other classes of the business transaction.

Features

  • For accrual/deferral with reset procedure, the accrual/deferral and reset that were generated on a specific key date are reversed.

  • For accrual/deferral with difference procedure, all accruals/deferrals after the key date are reversed.

Activities

  1. Choose Start of the navigation path Accounting Next navigation step Accrual/Deferral Next navigation step Reverse Accrual/Deferral. End of the navigation path

  2. Select the position or financial transaction for which you want to reverse accrual/deferral.

  3. Enter the Accrual/Deferral Key Date .

  4. The posting period is an optional entry. If you do not enter anything here, the current period is selected.

  5. You must enter a reversal reason . You can choose from the reversal reasons that you defined in Customizing for the Transaction Manager under Start of the navigation path General Settings Next navigation step Accounting Next navigation step Define Reasons for Reversal End of the navigation path .

  6. The test run indicator is set as a default. If you wish to post the accrual/deferral you must deactivate the indicator.

  7. Choose Execute.

  8. The system displays the accrual/deferral log . It lists the reversed flows. The posting log shows a list of all reversed FI documents and displays a message list .