Reverse Posted Fixed Assets Entry

Use this screen to post a reversal of a current period depreciation or disposal Fixed Assets journal entry posting made in the current Fiscal Year (FY)/Period (Pd)/Subperiod (Subpd).

A reversal entry can be posted only in the current FY/Pd/Subpd.  Once you have closed the current period, you cannot reverse entries posted the period just closed or any other prior period.