How to use RESCRVCO - Reversal of COA Settlement

SAP Transaction Code - Details

• Transaction Code: RESCRVCO

  Description: Reversal of COA Settlement

  Release: S/4HANA and ECC 6

  Menu Path:

  • Accounting > Flexible Real Estate Management > Third-Party Management/COA > COA Settlement > Reverse COA Settlement

• • Program: RFRESCREVERSALCO

    Screen: 1000

    Authorization Object:

  • Development Package: RE_SC_MM

    Package Description:

    Parent Package:

  • Module/Component:

    Description:

Smart SAP Assistant

• SAP Tcode: RESCRVCO - Reversal of COA Settlement

  
  Overview: 
  The SAP transaction code RESCRVCO is used to reverse a settlement of a cost object assignment (COA) in the Controlling (CO) module. This transaction code is used to reverse the settlement of a cost object assignment that has already been settled. 
  
  Functionality: 
  The RESCRVCO transaction code allows users to reverse the settlement of a cost object assignment that has already been settled. This transaction code can be used to reverse the settlement of a cost object assignment that was settled in error or that needs to be changed. 
  
  Step-by-step How to Use: 
  1. Enter the transaction code RESCRVCO in the command field. 
  2. Enter the fiscal year and period for which you want to reverse the settlement. 
  3. Enter the cost object assignment number for which you want to reverse the settlement. 
  4. Enter the amount you want to reverse and click “Execute”. 
  5. The system will display a confirmation message if the reversal was successful. 
  
  Other Recommendations: 
  It is important to note that this transaction code should only be used when absolutely necessary, as it can have an impact on financial reporting and other processes. Before using this transaction code, it is recommended that users consult with their financial team or SAP experts to ensure that it is appropriate for their situation.