Reversing Account Closures 

Use

This function is a method of business object Account Closure. The system carries out all the important business-related steps that are required in order to reverse an account closure successfully, according to auditing requirements.

Prerequisites

The prerequisites described in the Account Closure section must be met and the settings listed must have been made.

From the SAP Easy Access screen, choose Account Management ® Account ® Account Master Data ® Close Account in Change mode.

Activities

The system carries out the following steps:

·        If processing is correct, it converts the account closure to final status 0160 (Reversed), providing release is not required.

·        Sets the contract status to the original value:

¡        20 (Active, not yet used)

¡        30 (Active, used)

·        Resets the following events on the account, making posting to the account possible again

¡        0005 (Planned account closure)

¡        0011 (Actual account closure)

¡        0015 (Can be reactivated until)

·        Processes the relevant Business Transaction Events