What is reversal line item in SAP FI-AA - Asset Accounting?

SAP Term: reversal line item

• Component: FI-AA

• Component Name: Asset Accounting

• Description: A reversal line item is a fixed assets line item that reverses another line item on this fixed asset. Both postings are linked by the reference to the 'sequence number' LNRAN of the other respective line item as 'sequence no. reversal-fixed assets-line item' LNSAN. Developer Helen Trefftz

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• Key Concepts: 
  A reversal line item is a type of document used in SAP Asset Accounting (FI-AA) to reverse an existing asset document. It is used to correct errors or to cancel out an existing document. The reversal line item contains the same information as the original document, but with the opposite sign. 
  
  How to use it: 
  To create a reversal line item, you must first select the original document that you want to reverse. Then, you can enter the reversal line item in the system. The system will automatically fill in the information from the original document, but with the opposite sign. Once you have entered all of the necessary information, you can save and post the reversal line item. 
  
  Tips & Tricks: 
  When creating a reversal line item, it is important to double-check that all of the information is correct and that it matches the original document. This will ensure that the reversal line item is accurate and that it will cancel out the original document correctly. 
  
  Related Information: 
  For more information on how to use reversal line items in SAP Asset Accounting (FI-AA), please refer to SAP Help documentation or contact your local SAP support team.