Answer Posted / annapoorna
Hi,
Reversal of document's are done only for rectifying the
wrong entries. By changing the required fields,one can do
reversal of documents.Generally we can delete/vanish any
entry in books of accounts but in SAP there is no chance of
such things and for that purpose SAP allows the application
of "Reversal of documents".
As we know there are three types of Reversal of documents
which to be followed:
1. Individual Reversal
2. Mass Reversal
3. Reversal of Reversal
As per case to case it must be applied.
# Just for rectification purpose.
Thanks
Annapoorna
| Is This Answer Correct ? | 7 Yes | 1 No |
Post New Answer View All Answers
Define the term "field status varient"?
What is the importance of good received/ invoice received clearing account?
error msg no-f.5071 in down payment. what would be the entry for clearing this open items..in f-44..?
what is difference apportionment of costs, overhead expenses and how do they differ
What is functional area, trading partner
what is business area? What are its advantages and disadvantages?
How currencies are maintained in sap system? : cost center accounting
What do you mean by chart of accounts? What is it used for? What are its important elements?
For what purposes internal orders can be used?
What is a document type? : fi- general ledger
What is the number of configured currencies per company code?
Tell me about complete manual Payment in sap fi/co ? Business things ?
What is account group? What does it control?
what is a transfer variant? : fi- asset accounting
What are the configurations for bank statement processing? : fi- general ledger
