REVERSAL OF CLEARING DOCUMENT

[former_member857422]

Hello Everyone,

I need your help understanding the primary details regarding the Reversal of the Clearing Document we perform in FBRA.

I need to know the difference between

- Only Resetting

- Resetting and Reverse

what is the difference between these two option we get while resetting

[sanilbhandari]

Hi

If you have a debit and credit items with equal value, then

resetting open item - It would keep the debit & credit items, but the clearing or offsetting is only reset.

Reset and reverse - If you have an open item and you have cleared it with any other payment document (For example), this function will reset the clearing function and also reverse the clearing document (Reverse the payment document in this example)

Thanks & Regards

Sanil Bhandari