Reverse Debit Credit Note – A summary of the activity

This activity allows you to reverse a selected debit / credit note. You can reverse an account based or item based debit / credit note, which is in the “Authorized” status. A reversed debit / credit note cannot be used further more.

This activity allows you to search and select a debit / credit note for reversal. On reversing the system generates the reversal document that is posted in the finance book. You can specify a unique reversal document number and the date of the document. The status of the debit / credit note is updated as “Reversed”. You can also view the postings that are made in the different accounts after the debit / credit note is reversed. You can also state any remarks regarding the reversal of the debit / credit note.

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