The Reverse Judgment dialog is used to display the judgment details for the selected judgment that is to be reversed. The dialog is displayed when the user selects the Reverse hyperlink, on the Judgment view. The user verifies that the judgment displayed is the correct judgment to be reversed and selects the Save push-button. A Judgment Reversal (53000) transaction is sent to the Recovery Accounting Subsystem. If the transaction posts successfully a 258-judgment record is created in the APPLMAST file and the user is returned to the Judgment view.
The user may cancel a reversal request by selecting the Cancel push-button on the Reverse Judgment dialog. The user is returned to the Judgments view.
If monetary activity has occurred on the account between the judgment posting date and the reversal posting date, an exception report extract is created. Once a judgment transaction has been reversed, no other changes can be made to that transaction (i.e., it cannot be edited and reposted; the Reversal Indicator cannot be changed back to ‘N’). A new judgment event with corrected data may be entered after the reversal has been posted. The effective date for the new judgment may be the same as the effective date for the reversed judgment.