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Former Member

reversal in current period

Hi Friends,

In our SAP system reason for reverse posting is not allowded in current period

reason code "Reversal in current period " is not checked with "Alternative posting date allowed" indicator,

we have to reverse certain documents in current period, Is it ok to check that indicator and rverse it, Can any one tell me if that has any financial impacts.

please let me know

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2 Answers

  • Posted on Nov 19, 2007 at 04:21 PM

    Hi,

    Financial impacts are changes in balance accounts. If you reverse posted or cleared documents you will modify amounts.

    Regards

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  • author's profile photo Former Member
    Former Member
    Posted on Nov 20, 2007 at 01:01 AM

    William

    Lets say you post a document on Nov 1 and on Nov 5 you realize that the document needs to be released. By default , when you try to reverse the document SAP will only allow the posting date to be Nov1, even though you are trying to reverse it on Nov 5. ( entry date Nov 5 and posting date Nov 1).

    This will not have any impact as long as Nov 1 and Nov 5 belong to the same posting period. When you check the indicator that you mentioned, SAP will allow any other date to be the posting date.

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