FTB-C000725 / Financial concept

Reversing entry

A reversing entry is a new journal that offsets the selected original entry's accounting effect.

Also known asreversal journal

Intermediate 3 linked topicsEvidence-reviewed

Definitions

In plain terms

The original remains in history and the reversal records the offset, its date and its link to that original.

Technical

D30 swaps debit and credit sides with positive amounts and uses an atomic correction group when a replacement must accompany the reversal.

Scope

A reversal differs from deleting history, a cash refund and a repeated request.

Examples

  • A synthetic incorrect fee remains recorded alongside its opposite-side reversal and corrected replacement.

Common misconceptions

  • Retrying the same correction must not create another independent reversal.

Concept relationships

Prerequisites

Related

Where this concept is used

Evidence and governance

  1. Journal Reversals, Oracle Financials 26D Oracle · official platform documentation

    Supports: preferred label, short definition, variant distinction

    Limits: D30 chooses opposite sides and positive amounts; other systems support sign reversal and different controls.

  2. D30 glossary teaching-profile scope, Batch 013 The Fintech Builder · internal governed contract

    Supports: technical definition

    Limits: No independent regulatory mandate, real-bank dataset, service execution, external witness or production assurance is claimed.

Reviewed by
fintech-builder-batch-013
Last reviewed
2026-10-27
Next review
2027-10-27
Record status
evidence reviewed

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Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.