Auto closing of reversal journals

Considering SAP is OIM (open item management) it would save considerable time if the reversing journals auto cleared upon execution.  Especially in the balance sheet accounts.  This should also include Exchange and Conversion journals. We are using SAP Business One. thanks

Hello,
I think the standard SBO rule has made this still manual work until today. That's why manual process is required. I think it is dynamics, I mean if you think it urgently required automatically, you could send a request form that can be obtained from SAP support. So, your problem can be solved faster rather than waiting reasonable answer here for a long time.
Rgds,

Similar Messages

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    Hi can anyone tell me if this issue is a sap wide issue or not.
    When you auto reverse an accrual jnl or cancel a jnl is there any reason why sap does not reconcile these items to close them especially in a balance sheet that is OIM.  It would save the user having to reconcile them each month manually.
    judi

    Hello,
    I think the standard SBO rule has made this still manual work until today. That's why manual process is required. I think it is dynamics, I mean if you think it urgently required automatically, you could send a request form that can be obtained from SAP support. So, your problem can be solved faster rather than waiting reasonable answer here for a long time.
    Rgds,

  • Difference between reversing journal and Auto reversal journal in HFM

    What is the difference between Auto reversing journal and Auto reversal journal in HFM?

    Hi Dev,
    The below link might be helpful:
    http://docs.oracle.com/cd/E17236_01/epm.1112/hfm_user.pdf
    Refer to page 173
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    Charles Babu J

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    Hi! all
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    Hi Sandeep,
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    Hi,
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    Hi,
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    Hi
    We have activated dispute management for several company codes in our system. The auto closing of dispute cases also has been activated in status management. Cases are automatically closed by the system (through a batch job) when the last disputed object is cleared.
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    You cannot deselect at a company code level.
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    We are reversing Journal with Category as Accrual at the begininng of the month and the same needs to be approved.
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    Ambrish

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  • Error while uploading Reversing Journal using Webadi

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    When uploading a reversing journal the following message is returned.... "Reversal Period must be supplied when Reverse Journal is set to Yes"
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    Bug 11773472 : WEBADI ERROR: REVERSAL PERIOD MUST BE SUPPLIED WHEN REVERSE JOURNAL IS SET TO YE
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  • Delete Reversing Journals

    Hi Friends,
    The users created the Accrual/Deferral documents and also mentioned the dates for the reversal of these journals. However, the reversal entries were passed manually and now the users want to reverse the reversal journals from the list to prevent the automatic reversals.
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    Regards

    Hello,
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    It is suggested to reverse them.
    Regards,
    Ravi

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