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 Reversing Closing Entries Locate this document in the navigation structure

Prerequisites

  • You have performed the closing entries for single-level or multilevel material price determination.

  • The closing entries that you want to reverse relate to the previous period.

Note Note

You can only reverse the closing entries from the previous period. Reversing closing entries for periods before the previous period is not possible.

End of the note.

Procedure

  1. Choose   Accounting   Controlling   Product Cost Controlling   Actual Costing/Material Ledger   Actual Costing   Edit Costing Run.  

  2. Under Process and Post Closing choose Parameters.

  3. Choose   Closing Entry   Reverse.  

Note Note

End of the note.

The indicator Revaluate material is not relevant to a reversal. The system automatically determines whether for the closing entry that you want to reverse the inventory was revaluated or not from the closing document.

Result

The system reverses the postings and the changes related to the last closing entry.