---
title: "Automatic Cancellation in the First Planning Month"
source_url: https://support.lucanet.cloud/en/documentation/consolidation-financial-planning/consolidation/consolidation-1/cancellation-inthefirst-planning-month
language: en
last_updated: 2023-08-16
---
# Automatic Cancellation in the First Planning Month

## Overview

In the **Import and Journals** workspace, automatic cancellation of postings in the first month of the planning data levels can be configured in the journal of a consolidation reporting entity with a posting of type **Automatic cancellation in the first planning month**. A cancellation is necessary to prevent already consolidated figures from being consolidated again during consolidation in the planning data level.

## Creating the 'Automatic Cancellation in the First Planning Month' Posting

The posting **Automatic cancellation in the first planning month** is created automatically in the journal of a **consolidation reporting entity** if the actual data level contains elimination of intercompany debt wizards or inventory consolidation wizards that post to the last month before the beginning of the planning data level.

Additionally, one of the following actions must be performed:

| Action | Also perform cancellation in planning |
|---------|---------|
| Synchronize planning data level with actual data level | For new lines, cancellation is activated automatically in the planning data level. |
| Creating a planning data level without template | For all lines, cancellation is activated automatically in the planning data level. |
| Creating a planning data level with template | For lines that already exist in the template, the configuration is copied from the template. For new lines, cancellation remains deactivated in the plan. |

## Configuring the 'Automatic Cancelation in the First Planning Month' Posting

To configure automatic cancellation in the first planning month:

{% stepper %}
{% stepper-step %}
If necessary, navigate to the **Journals** workspace.
{% /stepper-step %}
{% stepper-step %}
From the drop-down lists in the tree view, choose a **planning data level** and a **consolidation reporting entity**.
{% /stepper-step %}
{% stepper-step %}
Select the posting **Automatic cancellation in the first planning month** in the tree view.
{% /stepper-step %}
{% stepper-step %}
Click **Edit** to open the editing mode.
{% /stepper-step %}
{% stepper-step %}
The detail view of a posting of the type **Automatic cancellation in the first planning month** is displayed as follows, for example:

Posting 'Automatic cancellation in the first planning month'

{% /stepper-step %}
{% stepper-step %}
If necessary, configure the posting (see following section).

{% /stepper-step %}
{% /stepper %}
## Options in the 'Automatic Cancelation in the First Planning Month' Posting

The following options are available in a posting of the type **Configure automatic cancellation in the first plan month**.

#### Postings in actual data level

**Also perform cancellation in planning**: Activate the check box for postings to be canceled in the first month of the planning data level.

#### Update list now and execute cancellation in the planning

Click **Update list now and execute cancelation in the planning** to execute the cancelation.

{% info-box %}
The link **Update list now and execute cancelation in the planning** is only available when the posting is not (or no longer) in editing mode.
{% /info-box %}

#### Synchronize planning data level with actual data level

If necessary, click **Synchronize planning data level with actual data level** to synchronize the planning data level with the actual data level (see section [Synchronizing Planning Data Levels](https://support.lucanet.cloud/en/documentation/consolidation-financial-planning/platform-dimensions/data-levels/synchronize-planning-data-level.md)).

{% info-box %}
The link **Synchronize planning data level with actual data level** is only available when the posting is not (or is no longer) in editing mode.
{% /info-box %}