Cancellation of credit invoice

We had a credit which was invoiced and since cancelled but when I look at billing list I see negative values in both the original invoice and the cancellation invoice. I would expect the cancellation to be positive values to balance. How do I see where a billing document should be positive or negative to the financials? In other words where is billing defined that standard order is adding to financials and that a return is subtracting etc.....

Hi,
The flow is as below -
Each billing type is linked to accounting document type, in general we use RV to transfer values to financial accounting.
Accounting document types are under the preview of Finance and this are define in T.Code -OBA7 and
each account document is linked to account indicators i.e Credit or Debit, in SD we use the following for RV Document type -
40     Debit entry                     Debit     G/L account
50     Credit entry     Credit     G/L account
For reversals, we assign the reverse account indicator for account indicator through T.Code - OB41 that is
For 40 reversal entry is 50 and for 50 reversal is entry is 40
For more clarification, sit with your FI Consultant for more clarity
Regards
Goutham

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