Reversing historical transactions
Historical transactions with posted applications are included in the transactions with posted applications list. Historical transactions have a reversal header record if the Allow Historical Application Reversal field on the Receivables company is selected.
The transaction reversal header includes the status change from historical to open, for a qualified invoice, credit memo, or debit memo. The status change from historical to open occurs for any detail reversal records regardless of whether the company's historical application reversal field is selected.