Reverse Journal Entries (Fixed Assets) by document number

[kklow]

Hi SAP,

We find App : Reverse Journal Entries is not making sense. As we are aware that there are situation we want to reverse the asset transactions that were wrongly posted. However, this App requires us to enter accounting document number manually for both local GAAP (7 series numbers) and IFRS numbers (1 series or 4 series for data migration) separately.

We are much preferring SAP-ECC design as of T-code AB08 where we are able to drill in to the line items we want to reverse.

S4HC should make process much simpler, not to complicate it further. Any remedy on this App?

Thank you.

Best regards,

KK Low

[OwenLiu]

We helped you to accept the answer, since there were no updates after 7 days.

You can unaccept it anytime if you have further questions.

[BobShen · Accepted solution]

Hi KK，

The option is provided in reverse document ,anyway it is not default choosing all the ledgers. you have to select them manually.

If possible , you can post a new request in https://influence.sap.com/sap/ino/#/campaign/1169

[kklow · Accepted solution]

Hi Bob,

Surprisingly, in our screen, we can only see one ledger at a time based on the document we drilled into. For example as below, when we zoom in to document under depreciation area 32 (IFRS), we can only see Ledger 2L:

When we zoom in to document under depreciation area 01 ( Local GAAP), we can only see Ledger 0L:

Please advise, how can we see all the ledger at once?

Thank you.

Best regards,

KK Low

[BobShen]

Hi KK,

You can always follow the step below to reproduce what the screenshot I attached, linkage is here

1. Call up the Manage Fixed Assets app.

2. From the worklist of assets, select the asset for which you want to reverse a journal entry.

   Call the asset valuation for this asset.

3. On the Asset Valuation screen, on the Asset Value Display tab, choose the Journal Entries pushbutton.

   Select a fiscal year.

4. Select the journal entry to be reversed by clicking the link for the journal entry number.

5. In the dialog box with the link list, select the entry for reversing the journal entry (Reverse Journal Entry).

   The system copies the parameters for the journal entry to the following dialog box.

6. In the dialog box for the details of the reversal, proceed as follows:

   1. Check the posting date and change it if necessary.

   2. State the reason for the reversal

   3. Confirm your entries.

7. You can display the reversal document in the document overview Reverse Document.

8. To post the reversal document, choose Post.

[kklow]

Hi Bob,

Yes, we followed every single steps but we could not get what you see. We will log ticket to SAP to resolve this issue.

Thank you.

Best regards,

KK Low

[BobShen]

Please refer to link below for details of Reverse Journal Entries

https://help.sap.com/viewer/3e5fcf2c768746049b5627bd5a42f720/LATEST/en-US/d2e8595c5ca74db486f194273d...

[kklow]

Hi Bob,

We know how to reverse the journal entries. But SAP should think from perspective how to relate documents between ledger 0L and 2L and when reversal is executed, it should reverse both the documents, not one after another.

Moreover, due to some errors in data migration, we have more than 300 assets to be reversed, which the effort is now doubled with this App. SAP should think how a mass reversal is possible.

Thank you.

Best regards,

KK Low