DREV

Adjustment Types: Daily Reversing

These are the characteristics of Daily Reversing (DREV) type.

|Permitted Effective Date|= Current Business Date| |Reversal Date|With these characteristics: - - Default date is Next Business Date

• • Can be specified by user
• • Cannot be > End of the Following Calendar Month

| |Back Valued Journals possible?|No. Value Date = Effective Date| |Forward Valued Journals possible?|No. Value Date = Effective Date| |Authorisation|None| |SLICE Processing|Journal is processed immediately following input and available for inclusion in reports intra day|

Parent topic: Adjustment Types