B/S Reclassification starts to use reversal posting logic from SAP S/4HANA Cloud Public Edition 2502

[BobShen]

Introduction

SAP S/4HANA Cloud offers numerous enhancements and new features to optimize business processes. One of the latest updates in 2502 release includes B/S Reclassification which streamlines the period end closing. This blog will guide you through the steps to set up and utilize B/S Reclassification with reversal posting logic in SAP S/4HANA Cloud Public Edition.

If you are already using the Post B/S Reclassification job in the Schedule General Ledger Jobs app, That means you have already postings in the system.

You can follow the steps below

1. Logon to your system as a business configuration expert.
2. Search for the Schedule Accounting Data Changes app.
3. In the app, carry out the Migrate B/S Reclassification Postings to Reversal Logic job as Test Run.
4. Check the results list.
5. If the results of the test run are correct, carry out Migrate B/S Reclassification Postings to Reversal Logic as Update Run.
6. In your configuration environment, use the search function to open the following activity: Activate Features (ID: 106573).
7. Use the search function in the activity to find the feature Use Reversal Posting Logic for B/S Reclassification (FINS_FI_CLS_REC_REVERSAL).
8. Activate the feature.

If you did not use the Post B/S Reclassification job in the Schedule General Ledger Jobs app, That means you did not have corresponding postings in the system. Then follow the steps below to activate new reversal logic.

1. In your configuration environment, use the search function to open the following activity: Activate Features (ID: 106573).

1. Use the search function in the activity to find the feature Use Reversal Posting Logic for B/S Reclassification (FINS_FI_CLS_REC_REVERSAL).
2. Activate the feature.

As soon as you have activated the feature Use Reversal Posting Logic for B/S Reclassification (FINS_FI_CLS_REC_REVERSAL) you cannot deactivate it.

As of SAP S/4CE 2602 the reversal posting logic in Post B/S Reclassification is the default setting. You can no longer use delta logic. You must migrate your data before you continue using Post B/S Reclassification.

Prerequisite

If you did not use advanced valuation either, you must follow the steps to activate it beforehand.

Scenario

Details for migration steps

Download the excel for migration result, let’s take customer S10100870 as example

Group ID is a combination of reconciliation account/customer/assignment, it grouped the original journal entries posted with delta logic which can be found in app Display Line Items in General Ledger. And the migration job template will reverse the total delta amount posted in every month by Group ID.

Use proper filters displayed in the screenshot below, reversal journal entries from a migration job have been posted according to original journal entries.  

If the total amount is zero, it will not post reversal journal entries.

Conclusion

Customers can benefit from reversal logic to fulfill their business requirement.