You can reverse an existing accrual object. To do this, you enter a key date from which the reversal is valid (reversal date). The system then reverses the basic data (amount and quantity) and the existing accruals postings.
The accrual object is no longer considered in accrual runs that take place after the reversal date.
The system carries out the following activities on the reversal date:
Reversal of basic data
In the basic data of the accrual object, the total amount to be accrued and the total quantity to be accrued are set to zero. These changes are valid from the reversal date.
Reversal of the accrual postings
All accruals that have already been posted (opening posting, periodic accruals, closing posting) are reversed. An inverse posting is created for all accrual postings. The reversal documents created are transferred to
Accounting
.
In reporting , reversing an accrual object has the following effects:
Key date for reporting is after the reversal date
The reversed accrual object is no longer considered or is displayed with zero values.
Key date for reporting is before the reversal date
The accrual values are calculated as if there were no reversal, meaning that the accruals are calculated and posted (if an accrual run was carried out in the period). The accrual postings are reversed on the reversal date.
This ensures that the
Accrual Engine
is always reconciled with
Accounting
.
You can reverse an accrual object in both a test run and an update run.
You create an accrual object in
period 1
. You also carry out a periodic accrual run, where the accruals for this accrual object are posted. This also creates the relevant documents in
Accounting
.
You reverse the accrual object in period 2 . All accruals that have been posted are reversed.
In reporting, the accrual amount that you posted in period 1 is displayed for period 1, even after the reversal date. In reporting for period 2, the accrual amounts are zero.