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Former Member

Reversing of accruals for Rebate agreement with status D

Issue :

Rebates were wrongly accrued because business had cancelled final settlement for rebate agreement ,and then created new rebate agreement for final settlement.


Three rebates agreements were created for the same customer .

Two of them were wrongly created and final settelment was done by business .

So business cancelled final settellemnt for these 2 rebate agreement.Hence status of these rebate agreement is D.

(Note -credit memo was not issued for these 2 rebate to the customer)

Third new rebate agreement was finally created and after final settelment credit memo was issued to customer.

Now since for first 2 rebate agreement final settelment was done and then cancelled,accruals are still sitting in G/L account.

Please suggest how to reverse these accruals, so that G/L accounts can be cleared.

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1 Answer

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    Former Member
    Oct 07, 2010 at 07:29 AM

    Hi Saurabh

    Why dont u reverse the entry direcely in FI by passing an entry with document type SX to reverse the accrual.



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