Reversing Postings

Last updated on 2024-12-19

In the Reverse postings workspace, you have the option of reversing postings that have already been created or exported.

Reversing a posting has the following consequences:

All postings that have been generated but not yet exported will be archived.
For every already exported posting, a corresponding contra entry will be created with the selected reversal posting date. Exporting the posting again causes the system to save the contra entry to the data archive.
The measurements, modifications and/or reassessments of a contract component are not reset.
After the posting has been reversed, contract components can be modified and reassessed and added with an effective date within the reversed periods.
The status of the affected periods is set to not posted. These periods can be posted again after the posting has been reversed.
Existing reversal postings and reversed postings remain unaffected.
The reversal of a posting cannot be undone.

This article contains the following sections:

To reverse a posting:

Note on configuration

It is only possible to select contracts and contract components that have been created for the selected reporting entity.
The period from which the postings are to be reversed must be within the lease term and before the last payment.
The reversal posting date must be greater than or equal to the start date of the contract component or the effective date of IFRS 16.
The reversal posting date must be greater than or equal to the maximum posting date of the reversed periods.
If the contract component is posted again, the new posting date for the reversed periods must be greater than or equal to the last active posting stamp for the relevant contract component.

The following example illustrates how a posting is reversed:

Created postings

Input for posting reversal

Reverse periods starting from: February 2024

Periods that will be reversed

February 2024 and March 2024