With change in tax jurisdiction code, posted cash flows are getting reversed in RE-FX

[Former Member]

Hi,

After the creation of new state, we decided to change tax jurisdiction codes for all the contracts which are now falling in the new state.

While doing so, I noticed that system is reversing the cash flow already posted in old tax jurisdistion code and re-posting them in new jur code.

Why this issue is coming?  we have changed the profit centres also but no such problem was at that time.

Thanks in advance,

sadhana.

[Former Member · Accepted solution]

Hi Sadhana,

did you try to open a new time period with the new posting term. Otherwise you will tell the system to start the reversal for the whole time period.

Hope it will help you

Norbert

[Former Member · Accepted solution]

Hi,

Thanks a lot Norbert.  Your solution has resolved my problem.

I created a new validity period for the posting term.  now there is no reversal of the past postings.

Thanks a lot again for your timely help.

Regards,

Sadhana.