Is there any AUTOMATIC feature of accrual reversal for vouchers in GL ?
We want to be able to indicate from the beginning of the voucher process whether a voucher is reversing. Then have a voucher post in the current period and reverse out in the following fiscal period automatically after it is approved.
Appreciate your solution on this?
Hello,
Did you find any idea on how this could be handled?
Thank you
Tanya
Hi,
This is a normal IFS process with an interesting name. If you create a voucher, then use the “interim” function, that will raise a popup window where a user will confirm a voucher type and the reversing date. By default, the reversing date is the first day of the next period.
It’s the IFS tool that does what you describe (output / reversing entry) but not necessarily in the exact same way as described (beginning of voucher creation process), it’s somewhere in the middle / near the end.
Best regards.
Thomas
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