Reversing a Guarantee
Once the payment in question has been made, you are no longer liable for the guarantee and the posting can be reversed. To do this, carry out the following steps:
A screen appears where you will need to enter the document header data for the posting document and the data for selecting the guarantee.
You must specify the special G/L account for guarantees made and received. All other selection criteria are optional.
Choose ENTER to proceed to the next screen where the selected guarantees will be displayed.