Hello to all the Accounting members, we are tying to configure IFS to automatically reverse a GL voucher entry after the first of the month. This is the classic accrual type of GL entry whereby we make a GL voucher transaction entry in one month and auto reverse it the next month after the actual charges post to the balance sheet.
When creating a manual voucher entry, we do not see anywhere we can set a reversal. We are on IFS APPS9, UPD16.
How can this be achieved in IFS? There has to be a way as this is Accounting 101.
Best answer by Xavier FernandoView original