GL Revaluation and reversal
I need a solution to the following problem:
1. User did a reval on G/L account for August at month end, and the reversal for July was done 1st August. - no problem with that.
2. User did a reval for September at end of Sept for September, but did not do the reversal for August on the first of September.
My problem/question now is:
1. How will they do the August reversal posting now?
2. Did the September reval AGAIN included the August transactions as it was not reversed?
I will really appreciate any information and will reward points.
Thank you very much!