Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is reversal posting?

Answer Posted / kamala madhusudan

Reversal posting means rectifying the wrong entry which we
passed earlier. We have to mention the reason code for
reversal. It gives new document no. for reversal posting.
It increases the document on the other side of the posting
already made and balances the account.

Is This Answer Correct ?    4 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a local currency?

1210


How do you get about defining co-product functionality in repetitive manufacturing?

946


What are the key differences between cost center, profit center and internal order? : cost center accounting

1042


What is a cost center group?

1073


Explain automatic account assignment in sd? : fi- accounts receivable

1000


How Systems post value in Gl Account at the time of Goods received, Invoice received means what is the System Configuration or tell me the FI-MM Configuration?

2226


What do you understand by variance calculation in period end closing? : cost center accounting

1007


Explain asset history sheet? : fi- asset accounting

1138


What is the purpose of the account type field in the gl (general ledger) master record?

1405


What are statistical internal orders? : co-pa

1170


What is cost based profitability analysis? : cost center accounting

976


How often we modify costing sheet?

2195


Outline vendor payments in the sap system? : fi- accounts payable

1012


What do yo mean by document type control? What entries do you make in company code global settings?

1047


What are the common reasons for errors in accounting and what impact do they actually have on the organization?

1084