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Former Member
Sep 10, 2007 at 07:06 PM

Depreciation Reversal

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Hello Gurus.

I read all the answers posted till date for doing depreciation reversals. I got lot of guidance also. Our issue is also somewhat the same. We are in production environment but have not set the Co Code as productive as we were expecting to get some more data from legacy. So one thing to be made clear is that Co Code is not in productive stage. We ran the depreciation for the month of August.We in our system has one Lead ledger and one parallel ledger. After running we realized that for depreciation for parallel ledger was not required. So to reverse the depreciation in this parallel ledger is desired. I think we can go for OAGL being Co Code not set to productive and this will reset our system to origional status. This is also acceptable but now the question comes is how to reverse the postimg in FI which have incurred after depreciation run was posted.

In one of the answers I found to try ABF1 to reverse these entries but when I tried the system says it doesnot exits.

Is it also possible to reverse through manual Journal Entry for whatever has been posted in GL's

Please advise.