What is reversal in SAP FIN-FSCM-TRM-TM - Transaction Manager?

SAP Term: reversal

• Component: FIN-FSCM-TRM-TM

• Component Name: Transaction Manager

• Description: The resetting of the last change made to a transaction, recorded as an activity by the SAP System. If postings are linked to the activity, they are corrected using the corresponding reversal postings.

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• Key Concepts: 
  Reversal is a feature in SAP Transaction Manager (FIN-FSCM-TRM-TM) that allows users to reverse a transaction that has already been posted. This feature is useful for correcting errors or reversing transactions that have been posted in error. Reversal can be used to reverse the entire transaction or just a portion of it. 
  
  How to use it: 
  To use the reversal feature, users must first select the transaction they wish to reverse. Once the transaction is selected, users can then choose to either reverse the entire transaction or just a portion of it. After selecting the desired option, users can then enter the reversal reason and confirm the reversal. 
  
  Tips & Tricks: 
  When using the reversal feature, it is important to ensure that all of the necessary information is entered correctly. This includes entering the correct reversal reason and confirming the reversal. Additionally, users should be aware that reversing a transaction may have an impact on other transactions and should be done with caution. 
  
  Related Information: 
  For more information on using the reversal feature in SAP Transaction Manager, please refer to SAP Help documentation or contact your local SAP support team.