Processing an Undo Close

If you must reverse the retained earnings (interim and year end closing) and balance-forward calculations (year end closing), you can run an undo process.

Note:

For year end close, it is not necessary to run an undo close before rerunning a year end close because existing amounts are always deleted first.

The undo process differs depending on whether you undo an interim close or a year end close.

This section discusses:

• Undoing an Interim Close.

• Undoing a Year End Close.