Reversal Type

  • Normal Reversal

    When you generate the journal transactions, LN changes Debit into Credit and Credit into Debit.

  • Included for Periodic Reversal

    The journal transactions are marked for periodic reversal. A recurring journal definition that includes this type of instructions must contain a Periodic Reversal instruction. The Reversal Date must match the generation date of the periodic reversal.

  • Periodic Reversal

    The generated journal transactions reverse the recurring journal transactions of the same recurring journal definition of which the reversal date matches the periodic reversal schedule line's generation date. A recurring journal definition that includes this type of instructions must contain an Included for Periodic Reversal instruction.

  • Not Applicable

    The recurring journal transactions are not reversed and do not reverse other journal transactions.