Reactivating an Account 

Use

You can use this function to reactivate an account that has already been closed  (this function is used by banks).

When an account is closed, the system performs several checks before actually closing the account. These include, for example, the check to see if standing orders still exist or if the account is used in account hierarchies. Additionally, the account is balanced and the balance brought to zero. See also: Closing Accounts

You can reset account closure if required. Once an account has been successfully reactivated, it shows the status "New" and a balance of zero.

If standing orders exist for this account, (at closure they were given the status "deleted"), the system issues a warning and also a note in the long text suggesting you check the deleted standing orders and create them again if necessary.

You can define whether limits are to be reactivated if they were changed by the account closure. The system finds these by means of the change documents of the account closure.

If an account was involved in an account hierarchy, the system issues an appropriate message when you reactivate it. This serves as an aid if an account was closed by mistake and you wish to include it in this hierarchy again.

Prerequisites

You have closed an account and want to reactivate it for a particular reason (for example, a customer request).

Procedure

...

       1.      Choose Account ® Change.

       2.      Enter the data for the account you want to reactivate.

       3.      Choose Edit ® Reactivate account.

The system displays the Reactivate Account dialog box.

       4.      Select the check box Reactivate Limits Changed by Closure to reactivate limits.

       5.      Choose Continue.

Result

The account has been successfully reactivated and is now available for further processing. If you select the selection field, the limits changed during the account closure regain the status they had when the account was closed.