Reverse Rebate Accruals

[Former Member]

Hi

How to Reverse Rebate accruals.In Rebate agreement type I active reverse rebate accruals but what is the process to reverse it

I created Agreement as RS 10/unit

If i created invoice for 20 qty so accrual amount = 20*10=200

My accounting entry at this stage are as follows

G/L account for accrual-credit and

Provision account for accruals-debit

I want to reverse the accruals now

what is the process

Regards

Hemant

[Former Member]

Hi,

the functionality of reverse accruals indicator in aggrement type is to reverse the accruals atr the time of intermittent settlements not the wrong accruals. if u made wrong accrual amount then u can cancel the relevant billing document in VF11 and then fo VBO2 make fresh condition records and then billing process billing. if the above solution meets ur requirement then it is ok or else please let me know why u want to reverse the accruals?

Regards,

Sadanandam Kasarla