Skip to Content

Archived discussions are read-only. Learn more about SAP Q&A

Reversal Reasons

Can Anyone tell me the meaning of the following Reversal reversal ? i.e. What is the meaning of following ;

a) Reversal in Current Period

b) Reversal in Closed Period

c) Actual Reversal in Current Period

d) Actual Reversal in Closed Period

e) Accrual / deferral posing

Regards,

SANJU

Former Member
Former Member replied

Hai Sanjay,

1. Reversal in closed period

The transaction belong to a period whihc is closed and you are revresing it now.

2. Reversal in current period

Transaction belong to the current period and you re revrsing.

3. Actual Reversal in closed period

The transaction belong to a period whihc is closed and you are revresing it now

4. Actual Reversal in current period

Transaction belong to the current period and you re revrsing

5. Accruals and Deferrals

The transaction is of accrual/Deferral in nature and you are reversing now.

Regards

Madhu I

0 View this answer in context
Not what you were looking for? View more on this topic or Ask a question