Rollback Object Transactions
Explanation
This activity is used to rollback the imported lease opening balance transactions
by using the Rollback Object Transactions command in the
Lease Accounting Contract page.
Prerequisites
Before the rollback of the events is performed:
- The lease opening balances should be imported.
- The Right of Use Asset must have the Active status.
System Effects
As a result of this activity:
- Rollback vouchers of voucher types A and LA are created and transferred
to the hold table in IFS/Accounting Rules for transactions relating to fixed
assets and lease accounting.
- Postings created when canceling is performed are always opposite
postings to those originally created. These are created as correction vouchers,
i.e., negative debit and credit amounts. When canceling an event, the voucher
date for the original event is displayed as default.
- The Fixed Asset Object connected to the Lease Accounting Contract would
be in Registered status after the rollback is performed.
- The enabled Exclude from Postings radio buttons in the Amortization
Schedule tab will be cleared when the opening balances are rollbacked.
- The cut off date of the imported balances will be cleared from the
General tab of the Lease Accounting Contract
page.