Reversals (SAP Library - Asset Accounting (FI-AA))

Reversals

Purpose

Asset transactions have to be reversed using the reversal transaction of the application in which the original transaction was posted (for example, invoice receipt). You automatically go to the appropriate reversal transaction when you choose Postings ® Reverse document.

Reversal Transactions

In addition to the reversal transactions for documents created in Asset Accounting, there are also the following reversal transactions in the applications integrated with FI-AA:

Reversal of external acquisition with vendor (Accounts Payable)
Reversal of acquisition with purchase order reference (goods/invoice receipt)
Reversal of retirement with customer (Accounts Receivable)

Be careful when you have an asset with several transactions, and you want to reverse a transaction that is chronologically immediately after a negative transaction. In this case, you may have to reverse the negative transaction as well, since the net book value of the asset could become negative after the first reversal.

Reversal Indicator

Along with the special reversal transaction, the initial screen of the FI-AA posting transaction also offers a reversal indicator. When you set this indicator, you can create a posting that corresponds to the selected posting transaction, but has reversed positive/negative signs.

This posting, however, has no relation to the original document. In addition, when you use this posting, the system newly calculates the proportional value adjustments in accordance with the asset value date of the posting. This is different from the procedure with an actual reversal.