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