Reversal Subtask
Use this subtask to reverse a previous adjustment.
Period to Post
| Field |
Description |
| Period |
Enter, or click  to select, a period. |
| Subperiod |
Enter, or click to select, a subperiod. |
| Ending Date |
The ending date displays in this field. |
Operation Choice
This group box is non-editable.
| Field |
Description |
| Adjustment - Debit |
If this option is selected, the bank account balance is increased. Interest earned is added here. This adjustment was made in your company's functional currency. |
| Adjustment - Credit |
If this option is selected, the bank account balance is decreased. Service charges paid are subtracted here. This adjustment was made in your company's functional currency. |
| Revaluation |
If this option is selected, the bank amount was revalued in your company's functional currency using the latest exchange rate. |
Account Information
Account
| Field |
Description |
| Credit Adjustment Account |
Enter, or click to select, an account for the adjustment account for this transaction. |
| Debit Cash Account |
This non-editable field displays the account for the cash account for this transaction. |
Organization
| Field |
Description |
| Credit Adjustment Account, Debit Cash Account |
Enter, or click to select, an organization for the adjustment account for this transaction. |
| Debit Cash Account |
This non-editable field displays the organization for the cash account for this transaction. |
Ref 1
| Field |
Description |
| Credit Adjustment Account |
Enter, or click to select, a reference 1 for the adjustment account for this transaction. |
| Debit Cash Account |
This non-editable field displays the reference 1 for the cash account for this transaction. |
Ref 2
| Field |
Description |
| Credit Adjustment Account |
Enter, or click to select, a reference 2 for the adjustment account for this transaction. |
| Debit Cash Account |
This non-editable field displays the reference 2 for the cash account for this transaction. |
| Date |
Enter the date for this transaction. |
| Description |
Enter a description for this transaction. |
Adjustments
This group box is non-editable.
| Field |
Description |
| Amount |
This field displays the amount of the adjustment. |
| Bank Amount |
This non-editable field displays the adjustment in the foreign currency. |
| Functional Amount |
This non-editable field displays the adjustment in your company's functional currency. |
| Reverse |
Click this button to create a journal entry and journal entry number to reverse a previous adjustment. |
Parent Topic:
Subtasks of the Adjust Currency Balances Screen
