What is reversal invoice in SAP RE - Real Estate Management?

SAP Term: reversal invoice

• Component: RE

• Component Name: Real Estate Management

• Description: An invoice that reverses a previous invoice with reference to it. It is legally required in some countries such as Hungary.

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• Key Concepts: 
  A reversal invoice is a document used in SAP Real Estate Management (RE) to reverse the effects of an incorrect invoice. It is used to correct errors in the original invoice, such as incorrect amounts or incorrect account assignments. The reversal invoice is created with the same amount as the original invoice, but with the opposite sign. This ensures that the total amount of the two invoices is zero.
  
  How to use it: 
  To create a reversal invoice in SAP RE, first open the original invoice and select “Create Reversal” from the menu. This will create a new document with the same information as the original invoice, but with the opposite sign. Once this is done, you can make any necessary changes to the reversal invoice and save it.
  
  Tips & Tricks: 
  When creating a reversal invoice, it is important to make sure that all of the information is correct. Double-check that all of the amounts are correct and that all of the account assignments are correct. This will ensure that the total amount of both invoices is zero.
  
  Related Information: 
  For more information on reversal invoices in SAP RE, please refer to SAP Help documentation or contact your local SAP support team.