Accrual Reversal

The reversal of accrual adjustments is done to prevent double posting of revenue, once the billing is done. On the basis of the accrual reversal schedule, an account with accrual adjustments is selected for the accrual reversal processing. For every frozen adjustment, a cancellation is done in order to reverse journal entries.

You can reverse the accrual through the C1_​ACREV batch process. On reversing the accrual, the accrual adjustments are cancelled and the status of the accrual is changed to Reversed.