What is negative transaction type in SAP PSM-FG - Functions for U.S. Federal Government?

SAP Term: negative transaction type

• Component: PSM-FG

• Component Name: Functions for U.S. Federal Government

• Description: A negative transaction type is defined for each movement type in customizing for accountable properties to account for differences between a transaction type already posted and the actual value. For example, if you post a value for a purchase order in the amount of $100 and the invoice subsequently comes in at $90, you cannot account for the -$10 difference using a credit against the original posting. You must make a posting using the negative transaction type defined for the movement type.

Smart SAP Assistant

• Key Concepts: 
  A negative transaction type is a type of transaction in the SAP PSM-FG Functions for U.S. Federal Government component that is used to reverse a previously posted document. This type of transaction is used to correct errors or to cancel a document that was posted in error. 
  
  How to use it: 
  To use a negative transaction type, you must first identify the document that needs to be reversed. Once you have identified the document, you can enter the negative transaction type in the appropriate field in the SAP system. The system will then reverse the document and post the reversal to the appropriate accounts. 
  
  Tips & Tricks: 
  When entering a negative transaction type, it is important to ensure that all of the information entered is accurate. This will help ensure that the reversal is posted correctly and that any errors are corrected. Additionally, it is important to keep track of all negative transactions so that they can be easily identified and reversed if necessary. 
  
  Related Information: 
  For more information on using negative transaction types in SAP PSM-FG Functions for U.S. Federal Government, please refer to the official SAP documentation or contact your local SAP support team.