Cancel and Rollback Revenue Recognition Voucher

Explanation

This activity is used to reverse revenue recognition and reversal vouchers that have been created. The status of the periodical capitalization and revenue recognition procedure will change to Capitalized. When the rollback vouchers have been created, you need to rollback periodical capitalization before you can delete the procedure.

Prerequisites

• Vouchers must have been created for revenue recognition, and the status of the procedure must be Posted/Closed.

System Effects

The recognition voucher and reversal voucher will be cancelled by creating another two vouchers. The relevant periodical capitalization and revenue recognition procedure will have the Capitalized status.

Window

Periodical Capitalization and Revenue Recognition

Related Window Descriptions

Periodical Capitalization and Revenue Recognition

Procedure

1. In the Periodical Capitalization and Revenue Recognition window, select the procedure, right-click and then click Cancel Revenue Recognition Voucher.