reverse the Fixed asset disposal sales journal

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Posted on by imran ul haq

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Hi All

I create the fixed asset disposal sales journal from the Fixed asset journal and post it, due to some reason i want to reverse the transaction, how can i reverse it. I tried from the fixed asset (transaction) itself and from the customer master but the "reverse" option is disable.

Please suggest, thanks in advance.

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Ludwig Reinhard Microsoft Employee on at

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Hi Imran,

Because more than one subledger (fixed asset & AR) is involved your only chance seems recording a manual adjustment.

Best regards,

Ludwig

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imran ul haq 4,017 on at

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Thanks Ludwig for your reply.

Is there any way from the tables we can delete or how we can know what tables are involved so that we can delete from the table it self.

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Ludwig Reinhard Microsoft Employee on at

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Hi Imran,

I would not try doing a correction at the AOT table level as many subledgers (AR, Fixed Assets, Tax?!) are involved. You can check this out by looking at the transaction origin of your voucher. If you have a very experienced developer you can try testing a direct correction but I would recommend doing a manual adjustment.

Probably wait for some additional feedback of other community members; maybe they have a good idea how to get this fixed in a fast an easy way.

All the best,

Ludwig

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imran ul haq 4,017 on at

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OK, thanks Ludwig for your suggestion .

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imran ul haq 4,017 on at

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Hi Ludwig,

with the help my technical guy i activated the reverse button for sales disposition transaction on customer master and also i checked the transactions after reversing reports are coming fine. but in the same journal that i pass earlier i have lines with the same voucher number (voucher is closed in the same line by offsetting it), when i am trying to reverse it is giving me the error.

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Ludwig Reinhard Microsoft Employee on at

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Hi Imran,

Can you possibly check your ledger account 1135081 and how this is setup? Probably a simple change of the "posting type" might help. Other than that I would suggest that you debug the issue with your technical colleague.

All the best,

Ludwig

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imran ul haq 4,017 on at

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Hi Ludwig,

I perform the following steps and now the issue is resolved:

Reverse posting profile for asset sales

Create the same journal entry of first asset sale

Create manual entry to close migration with profit and loss account

Print fixed asset balance report, the issue should be eliminated

Print trial balance, make sure the migration and loss / gain are zeros

Make disposal for the assets with correct posting profile and no value in the journal

Close the Disposition account against customer balance

Thanks for your usual support and help.

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lally 8 on at

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[quote user="imran ul haq"]

I perform the following steps and now the issue is resolved:

Reverse posting profile for asset sale

[/quote]

Good attempt Imran and thanks for sharing the solution.

What do you mean by reverse posting profile for asset sale ? Please explain in detail.

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imran ul haq 4,017 on at

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Hi Lally,

Reverse posting profile mean, i change the main account to offset account and offset account to main account in the FA posting profile for sales (button at the top of the form not the radio button).

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