How to cancel the reverse JE in SAP Business One

[Former Member]

Dear All,

The system currency is Euro and Foreign currency is USD .

I passed an Journal Entry in Euro on 31st of March 2009

After the auditing by accountant I had to reverse the journal entry on 15th May 2009

When I reversed the Journal entry I noticed that USD has also been reversed which was not existing in the Original Journal Entry which results in wrong Financial Profit and Loss statement.

How do I correct this ?

Can I cancel the Journal Entry which I had reversed ?

Any help will certainly be appreciated.

Thanks

Rajesh

[K_Pauquet · Accepted solution]

Hi Rajesh,

since 2005 SP01 all journals are posted in both local & system currency, just because the columns are not displayed in the journal doesn't mean that the posting in SC doesn't take place.

To correct the entry on the system currency, you could follow the procedure outlined in SAP Note [909074|https://service.sap.com/sap/support/notes/909074].

All the best,

Kerstin

[Former Member]

Is there any possiblities for me to remove the USD amount from reverse entry ?

[former_member210784]

Hi.

What is the name of the column where the USD amount is showing?.

[Former Member]

Is there any way , I can reverse the reverse journal entry ?

[former_member210784]

Hi.

Well. if you use "Cancel" in the last JE, I could sugest you to create other JE reversing the last one.

I hope this helps.