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can anyone explain roll back in FA?

Answer Posted / kranthioracle

there are two types of roll back

1. roll back at depreciation level

this will undo the depreciation for that period which u
have runned depreciation previously. simply getting back
into normal position.

NOTE: You cannot run roll back once u closed the period.

2. roll back journal entries

this also works the same as above but it iwll bring back
all the journal entries from general ledger which u have
posted by (running standard journal entries from JOURNAL
ENTRIES FORM )

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