Reversal Entries In MS Dynamics NAV SP3

[Diptish]

Most of the customers do complain about the same, here is the
situation. The customer passes several journals in a month and at the
end of the month its month closing which the management reviews and
internal audfit of the same is carried ofut. Take for example the
organization passes 5000 journals in the month of January and for
which the accounts have been finalized. In the month of March it come
to notice that out of 5000 entries 2000 entries are wrong and needs to
be reversed. Microsoft Dynamics NAV 4.0 SP3 provides the provision to
reverse the journal entries, but when this functionality is used it
reverses the entries exactly on the date in which the entries were
being posted implies that date of posting=date of reversal.

This raises a question at the time of internal/external audit as the
accounts have been finalized for that month and eventually the entries
are being reversed on a seperate date, having a misleading information
in the system. If the question asked when the entry was reversed, we
will not have an answer to the same.

To cater to this situation I have done a simple modification, in NAV
SP3. This allows the user the user to reverse the entries, but the
posting date of the reversed entries are based on the workdate as set
in the application.

You can download the same from the files Section in this group.