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Message

No reversed transactions were found

Diagnosis

You have opened the Reverse Transactions window. However, there are no transactions that were marked for reversal (the Reverse option in the Journal Entry window is not selected).

Procedure

  1. From the SAP Business One Main Menu, choose   Financials   Journal Entry.  

  2. Display the journal entry you want to cancel.

  3. In the menu bar, choose   Data   Cancel  .

    The following message appears: Create reversal for this transaction?

  4. To continue, choose the Yes button.

    Note Note

    If the selected journal entry has been reconciled, a notification appears and you can decide whether to continue or not.

    The Journal Entry window displays the reversed transaction. The dates of the new transaction are the same as in the original transaction. If required, you can change the dates.

    End of the note.

    Note Note

    The reversed transaction format is determined by the selection made in the Company Details. If Use Negative Amount for Reverse Transaction is selected, the amounts in the reversed transaction appear on the same sides as in the original transaction, but with a minus sign. If the option is not selected, the same amounts appear on opposite sides.

    End of the note.

  5. Choose the Add button.

  6. In the SAP Business One Main Menu, choose   Financials   Reverse Transactions  . The Reverse Transactions window appears, displaying all transactions to which a reverse date earlier than the current date was assigned.

  7. Deselect transactions you do not want to reverse.

    Note Note

    To change the date of a reverse transaction, choose Link Arrow (Link Arrow) in the Transaction field.

    End of the note.

  8. Choose the Execute button.

More Information

Canceling Journal Entries

Posting Reverse Transactions

Reverse Transactions Window