Reversing Components

Getting Started

Global Functions

Administration

Extended Planning & Analysis (xP&A)

Consolidation & Financial Planning

ESG Reporting

Disclosure Management

XBRL Tagger

Lease Accounting

General Functions in Lease Accounting

User Roles in Lease Accounting

All Steps at a Glance

Basic Configuration for Lease Accounting

Selecting a Lessee

Collecting Data

Creating and Configuring Lessors

Creating and Configuring Contracts

Creating and Configuring Contract Components

Importing Data Automatically

Viewing Import History

Reversing Components

Categorizing Components

Calculating Data

Creating Postings

Reversing Postings

Exporting Reports and Postings

Importing Postings into Consolidation & Financial Planning

Banking & Cash Management

Data Collection

Tax Compliance & Reporting

Glossary

Reversing components resets them to their " original state", i.e. how they were before the components’ calculated values were first entered in the database.

Reversing a component has the following consequences:

All changes made between when the component was

created

and when

the calculated values were saved in the database for the first time

will

remain in place

All calculated saved

values

will be

archived

All recorded component events (e.g. modifications or revaluations) will be

deleted

All

postings

that have been generated but not yet exported will be

deleted

A corresponding contra entry with the opposite plus/minus sign will be created for each exported posting. The posting date for this

reversal posting

is the date specified below.

Once the reversal is complete, the component is free to be edited as normal again.

Reversals

cannot be undone

The Component reversal workspace is displayed as follows:

Displays the 'Component reversal' workspace — The 'Component reversal' workspace

To reverse a component:

Select the contract to which the component is assigned.

Select the contract component you want to reverse.

Under Perform complete reversal, specify the scope of the reversal:

Select

Yes

if you want to perform the reversal for

all periods

Select

if you only want the reversal to apply

starting from a specific period

. In the

Reverse periods starting from

box, select the required month.

Select the reversal posting date.

Click Perform reversal and confirm the query dialog that appears.

Once the reversal is complete, the component is free to be edited as normal again.

Reversals cannot be undone.

If you switch to another workspace during configuration, any unsaved changes made to your configuration will be lost.

Last updated on Aug 16, 2023

Reversing Components

Overview

The ‘Component Reversal’ workspace

Reversing Components

Overview

The ‘Component Reversal’ workspace