Module Description

This module allows to reverse posting entries without generating an equal but opposite sign entries, but by generating an equal and opposite entry (reporting in Debit what is in Credit, and in Credit what is in Debit).

Setup

Setup Origins

In order to activate this function, the “Do not use sign for reversal” flag must be activated.

Functionality

COGE Registration

Insert a CoGe line in general journal:

The posting will create the following general ledger entries:

Reverse

It is possible to delete the posting entries through the appropriate standard function “Reverse transaction”

If the setup is active, the entries is posted without using the minus sign, but by reversing the Debit and Credit: