Negative postings

Negative postings:

In case of reversals if we select negative postings check box it reduces from the same side.

In SAP, when we post a wrong entry, we  can’t change the document. We have to go for reversal or pass rectification entry.

1. Equity share capital receipt:

Cash account                       Dr                    400000

            To Equity share capital                                           400000           Doc.No.1

2. Preference share capital receipt:

Cash account                       Dr                    100000

            To Equity share capital                                           100000           Doc No.2

Reversal

     3. Equity Share capital               Dr                    100000

            To Cash account                                                                 100000           Doc.No.3

    4.Cash Account                           Dr                    100000

            To Preference share Capital                                              100000           Doc No.4

Rectification

    3. Equity share capital                Dr                    100000

            To Preference Share capital                                              100000           Doc.No.3

Account No.100000                                    Ledger summary

Company code                                 AML

Fiscal year                                         2008

Period                        Debit Amount           Credit Amount          Balance         Cumulative Balance

1

2

3

4

5

6                      100000                       500000                       400000 Cr                 400000 Cr

7                                                          -100000

	1	2	3
Cash flow statement	Reversal without selecting negative postings	Reversal by selecting negative postings	Rectifications
Opening cash and bank balances Add: Inflows Equity share capital Preference share capital Less:Out flows Equity share capital Closing Cash and bank balances	0 500000 100000 100000 50000 wrong	0 500000 100000 500000 correct	0 500000 500000 Wrong