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Reversal of flows posted thru TBB1 in TRM / Product type 60A (Foreign Exchange)

Former Member
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Dear Experts,

We create currency forward contract deals in product type 60A, Ttype 102. we post cash settlement and some incidental charges (thru other flows) from this deal on various dates.

In case we wish to reverse any flow (not all) from this deal, we have to reverse whole deal itself from FTR_EDIT and then do TPM10 for reversing accounting entries of respective flows.

Doing this erases all traces of flows not reversed and also shows alert item in FTR_ALERT as "reversal still open".

Is there any way to reverse only selected flows of 60A deal and not the deal itself, just like facility available in Interest rate instruments to change mode from edit to reverse and reverse only selected flows.

Thanking you in advance.

Regards,

Kapil

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Answers (1)

Answers (1)

former_member198450
Active Contributor
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Hello Kapil,

You shall go to FTR_EDIT then go to cash flow tab edit the flow type for which you want to reverse.

Then go to TPM10 and reverse the flow. It will work.

Regards,

Jain

Former Member
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Dear Jain Varghese,

it works in case of interest rate instruments (like loans), but it is not working for foreign exchange product type.

Regards,

Kapil

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Please try using the following sequence:

1 - In change mode, enter cash flow tab, change to reverse view and mark for reversal the flow (as said by Jain Varghese)

2 - go to other flows tab, remove the corresponding entry

3 - save the deal

Regards,

mcc

grigoriy_babitskiy
Active Contributor
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1 - In change mode, enter cash flow tab, change to reverse view and mark for reversal the flow (as said by Jain Varghese)

It's not working - the "Editing mode" button is inactive as soon as one of the flow in 60A product type transaction is posted.

Interesting case.

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In this case, since all the flows are in the first moment you will need to reverse the settlement at trade level.

So, either:

  • you are using 2 step transaction types - you may reverse the settlement at trade level, run TPM10 to register the reversal in accounting, adjust trade, settle again
  • you are using single step transaction type - you need to reverse the trade, run TPM10 and create a new trade

Basically this is why it's always preferable to define transaction types with 2 steps

Regards;

mcc

Former Member
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Dear Miguel C Carvalho,

we use 2 step transaction types (contract & settlement) but the solution of reversing settlement at trade level reset the transaction to contract level and erases all the traces of accounting entries it has handled at settlement stage.

also, when in TPM10, only selected entries are reversed and not all, FTR_ALERT keep on showing entries not reversed in TPM10 as "Reversal still open" for infinite time.

hence, i feel making any error demanding reversal in 60A product type of TRM is not a simple error but a punishable crime.

need your help to set this process just like any other interest rate instrument where TRM allows reversal mode and reversal of only selected flows and not the settlement at trade level.

Regards,

Kapil

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Hi Kapil,

We should never let SAP punish ourselves let's fight back

Do you need to post the charges (additional flow) at deal date? If not, you could test posting the other flow at n+1 and then, whenever necessary, you should be able to reverse only this flow.

I know this is not a perfect solution, it's more like a workaround but I don't see any other way to avoid reversing the entire deal in such situation.

Regards,

mcc

Former Member
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Hi MCC,

very well said

i tried your solution but that is also not working.

Regards,

Kapil