General Reversal Posting (SAP Business One)

the General reversal posting is in SAP Business One a special form of Cancellation bookingwhere all amounts of the original posting with negative sign be booked again. This method is only used for manually entered journal entries for use, Not for postings generated from system documents.

Features:

This is a 1:1 reversal of the original entry with the sign reversed.
The function is activated via the context menu "Cancel/Cancel" triggered, but is Only available for journal entries without document origin.
Journal entries from system documents (e.g. invoices, Credits) can not can be cancelled using this function.

Advantages:

Multi-year comparisons and other analyses provide more consistent results with this method.
The original booking remains completely intact and is neutralised by the opposite booking, which increases transparency and traceability.

System setting:

The option "Allow negative contributions for cancellation transaction postings" must be activated so that this type of booking can be used.

Versino Financial Suite

the Versino Financial Suite makes handling general reversal postings in SAP Business One more convenient, secure and transparent. It ensures seamless documentation, automated checks and supports modern, audit-proof accounting.