Reversing Interest Notes in Closed Periods – D365 Finance

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Posted on by umer786

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Hi Folks,

I’m facing an issue in Dynamics 365 Finance related to reversing interest notes when the original period is already closed and we would like to reverse it in the current(OPEN) period .

As suggested in the MS docs, I tried using the Waive/Reverse functionality, but unfortunately, that didn’t work for me. The only automated option seems to be reversing the transaction in the same period it was created is to open the previous period, but that’s not ideal from a reporting perspective—especially since the previous month is closed. Has anyone found a better workaround or solution for this scenario? Any insights would be greatly appreciated!

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Navneeth Nagrajan 2,538 Super User 2026 Season 1 on at

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Hi @Umer786,

Suggestion:

1. Although its not ideal but one of the options is to open the period that the transaction originally should be in, settle the transactions and then close the period.

2. The other option is to reverse the transactions in the previous period (as you rightly mentioned) and then settle them in the next period.

Reverse only cancels a previously posted transaction when an interest fee is posted incorrectly and if you need to reverse the financial impact of an interest invoice. The reversal is dated according to the posting date selected which is usually in the current period.

Hope this helps.

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