Reverse journal postings
To reverse postings that were made in the general journal, use the Reverse Transaction function.
Reversing a transaction, in contrast to canceling a transaction, doesn't remove the entries from the FA ledger but automatically creates the same entry with the opposite sign. Use this function with caution. To make sure that the program correctly calculates depreciation, we recommend that you use the Cancel Entries function for fixed asset entries.
You can run the Reverse Transaction function from several places in Business Central. It can be run from the G/L Entries page, the G/L Registers page, or the FA Ledger Entries page.
To run the function, open the relevant page and then follow these steps:
Select the entry that you want to reverse.
Select Actions > Functions > Reverse Transaction.
Change the description in the Description field, if necessary.
Select Reverse.
Select Yes.