Reversal Denied. Account Number XXX is journalized

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Posted on by Chetan Dedhia

Hi All,

I am trying to reverse an Invoice Journal Transaction (India Specific), having TDS and GST accociated in the transaction. However there is error message displayed and not allowing to reverse the transaction. I checked if there are any bank settlements done against it and didn't find any.

I replicated the same scenario in UAT environment and was able to reverse the transaction,

What can be the reason for not allowing the reversal?

1362.Error1.jpg

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Ludwig Reinhard Microsoft Employee on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Chetan,

There is a GL journalization functionality that seems to prevent this.

Are you aware that this functionality is used in your company?

Irrespective of that, can you manually correct this transaction?

Best regards,

Ludwig

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Chetan Dedhia 73 on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Ludwig,

I am not aware of such functionality being used.

When I tried to Manually reversing through GL journal (community.dynamics.com/.../how-to-reverse-posted-gl-journal), the transaction isn't getting loaded and blank box is displayed

Am I missed anything here?

Thanks,

Chetan Dedhia.

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Ludwig Reinhard Microsoft Employee on at

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RE: Reversal Denied. Account Number XXX is journalized

Hello Chetan,

What kind of transaction do you refer to?

Can you share details of the transaction that needs to be reversed and the voucher?

Many thanks,

Ludwig

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Chetan Dedhia 73 on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Ludwig,

Here is the transaction.

It is a Vendor Invoice transaction for Consultancy services, having Withholding Tax and GST in it.

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OsmanIstanbul 2,818 on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Chetan,

Can you check if there is any transaction in GL > Periodic > Journals > Ledger Journals for this voucher? İf it exists, you cant cancel it, but can delete it and retry

Regards

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Ludwig Reinhard Microsoft Employee on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Chetan Dedhia,

I would recommend posting a manual correction by entering the very same transaction but with an opposite amount sign.

This should not take much time to do.

Best regards,

Ludwig

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Chetan Dedhia 73 on at

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RE: Reversal Denied. Account Number XXX is journalized

Hi Ludwig,

There are 100+ such transactions for reversal due to the audit recommendation. Thanks for the reply. I found the solution.

Chetan Dedhia.

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Chetan Dedhia 73 on at

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RE: Reversal Denied. Account Number XXX is journalized

Thanks Osman for the reply. I found the solution and its in line with your recommendation.

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