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 Overview

You can use the Journal Reversal button in Account Maintenance and in the Journal Drill Down window to reverse a journal entry.

The Journal Reversal button is available in Account Maintenance only under the following conditions:

• You must have the appropriate security set up to allow journal reversals.

• You have the rights to create a journal entry.

The Journal Reversal button is available on the Journal Drill Down window only if the above conditions are met and if the Journal Drill Down window was opened directly from Account Maintenance.

To reverse a journal entry

1. Select General Ledger Main menu > Account Maintenance.

2. Enter an account number. For more information, see Account Maintenance - Fields.

3. On the Transactions tab, select the transaction to reverse.

4. Click the Journal Reversal button. Alternately, you can click the Journal Zoom button to view the  details in the Journal Drill Down window, and then click the Journal Reversal button in that window.

Note A message will appear to let you know if the journal entry has already been reversed.

A reversing journal entry is created, and a journal comment is added noting the reversal. Review the entry in General Journal Entry before updating it. If batch processing is enabled for General Journal Entry, a separate batch is created for each reversal.