Post and Reverse Documents

In SAP Simple Finance system, you can post and reverse many simple FI documents. When a document is posted, SAP system updates the transaction figures in the accounts to which the document is posted. You may also need to reverse an incorrect document. Document reversal is required in the following scenarios −

  • The document contains no cleared items.

  • The document contains only customer, vendor, and G/L account items.

  • The document was posted with Financial Accounting.

  • All entered values (such as business area, cost center, and tax code) are still valid.

To post a simple FI document following are the steps.

Step 1 − Navigate to SAP Fiori Launchpad and login using the user name and password.

SAP Fiori Launchpad

Step 2 − Navigate to Manage Journal Entries, and enter the document date and other details.

Manage Journal Entries

Step 3 − In the Posting window, enter the following details −

  • Company Code
  • Debit
  • G/L Account
  • Credit
Posting Window

Step 4 − Scroll up and enter any Attachment, Notes, or Header value to this entry. You can add a note at any time and they are logged by user and time.

Add a note

Step 5 − To post the journal entry, click the Post button next to the Simulate button and document # will be generated.

Step 6 − To perform reversal for any journal entry, select the entry in Manage Journal entry and click Reverse.

Post Journal Entry

Step 7 − Select Reversal period from the dropdown list.

Select Reversal

You have the following Reversal Reason option −

Reversal Reason

Step 8 − Enter the Posting Date as today’s date, the Tax Report Date as today’s date and click OK. When you reverse a document multiple times, you get the following message −

Posting Date
Kickstart Your Career

Get certified by completing the course

Get Started