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Component: FS-PM
Component Name: Policy Management
Description: Journal entries that are reversed by reactivation receive a reversal journal number, which refers to the policy version/journal entry that triggered the reactivation.
Key Concepts: Reversal journal number is a unique number assigned to a reversal journal entry in the SAP FS-PM Policy Management component. Reversal journals are used to reverse the effects of previously posted journal entries. The reversal journal number is used to identify the original journal entry that is being reversed. How to use it: In order to use the reversal journal number, you must first create a reversal journal entry. This can be done by navigating to the “Journal Entry” tab in the FS-PM Policy Management component and selecting “Create Reversal Journal”. Once the reversal journal has been created, a unique reversal journal number will be assigned to it. This number can then be used to identify the original journal entry that is being reversed. Tips & Tricks: When creating a reversal journal entry, it is important to ensure that all of the information entered is accurate and up-to-date. This will ensure that the reversal journal number is correctly assigned and can be used to identify the original journal entry that is being reversed. Related Information: The SAP FS-PM Policy Management component also includes other features such as document management, budgeting, and reporting. These features can be used in conjunction with the reversal journal number feature in order to manage financial transactions more effectively.