F.05 Revaluation issue

Question

Hi
I believe, when we reun F.05 we give posting date and reversal date. We also tick in create posting and reversal posting check boxes. Once done, when we execute F.05 , system should post valuation difference and then reverse the same on the reversal date.
In my case, reversal is not happening inspite of giving reversal date and ticked in the reversal postings. Hence when I go to clear the original document, system is generating additional line item for balance sheet item which got posted during F.05 valuation.
Please suggest
For better understanding
FB60 entered for foreign currency and the F.05 executed
Posting date given as 08/31/2008 and the reversal date is given as 09/01/2008.
System is creating entry for 08/31/2008 but reversal entry dd not get created
Raj

Answer 1

Hi,
The check box 'Bal Sheet Preparation Valun' and the check box for reversing entry are mutually exclusive.
With Balance Sheet Valuation, the system will change all open items and record in each document a valuation difference. This way, in the following month, when you do the same, the system will only record the Difference between last month's value and this month's value. For this reason, the system will not allow you to reverse this entry.
If you don't check the Balance Sheet Valuation box, then the system will force you to make a reversing entry (for open item managed accounts), and the revaluation at the end of the month will always be the difference between the current value and the historical value.
Hope this helps, best regards,
Pascal