I have receivables and payables invoices that should be reclassified based on credit/ debit balance available in the system.
So I Post B/S Reclassification refer to J58 - 4.48 Post B/S Reclassification.
But my question is the Journal Entry of Post B/S Reclassification have to be reversed manually ?
For example ,in December， the accout 21100000 have a debit balance 500 , I set it should be reclassified to 12119200 . So the account balance of 12119200 is 500.
When I entered the business documents for January , the debit balance of accout 21100000 change to be 2500 . In January, I Post B/S Reclassification , I find that the system create the Journal Entry is 2500 . As result , the account balance of 12119200 is 3000 (=500 +2500).
But the correct value of the account balance of 12119200 should be 2500.
So, I have to reverse the Journal Entry of Post B/S Reclassification manually ? Or the reason is that I don't do the schedule general ledger Jobs - carry forward?
I report a incident . I get a reply : I should first perform BCF for the account and then execute Post B/S reclassification. If it is cross-year, the BCF has to be done before executing reclass.
And now , I have execute Post B/S reclassification in 2024 Jan ,but I didn't perform BCF for the account . I need to perform BCF for the account and re-execute Post B/S reclassification , but there is a issue need to be fixed on 19/Mar/2024 .