When does a journal become reversible?
You can reverse journals manually by selecting a reversal action in the user interface, or you can reverse journals automatically by running a process.
This table describes the criteria that must be met before you can reverse a journal, and indicates whether that criteria applies to manual or automatic journal reversal.
|
Criteria |
Eligible for Manual Reversal? |
Eligible for Automatic Reversal? |
|---|---|---|
|
The journal has a balance type of Actual. |
Yes |
Yes |
|
The journal has a balance type of Encumbrance. |
Yes |
No |
|
The journal is posted and not yet reversed. |
Yes |
Yes |
|
The reversal period is open or future enterable. |
Yes |
Yes |
|
The journal isn't a reversal journal. Note: Reversal journals can't be reversed.
|
Yes |
Yes |
|
The journal category is enabled for automatic reversal. |
N/A |
Yes |
|
The journal source for the posted journal isn't frozen. |
Yes |
Yes, however, this only applies to posted journals that originate from Oracle Fusion Subledger Accounting whose journal source isn't frozen. Posted journals that originate from a source other than Oracle Fusion Subledger Accounting are eligible for automatic reversal, regardless of the Freeze Journals setting. |
|
The journal isn't a posted journal for a reporting currency that was replicated from its source ledger. Note: Reporting currency journals that were replicated
from a source ledger are reversed when the source journal is reversed.
|
Yes |
Yes |
|
Where a secondary ledger is involved, the corresponding journals for the primary and secondary journals are both posted. |
Yes |
Yes |
|
If using the Clearing Accounts Reconciliation feature, the posted journal doesn't include reconciliation lines for clearing accounts. |
Yes |
Yes |