In the Cancel ECL Adjustment panel, you can cancel any Expected Credit Loss (ECL) transaction. The panel allows you to query and cancel ECL transactions previously entered for an entity/basis. This allows you to eliminate incorrect transactions from Eagle Accounting. The ECL transactions can roll back and replay.
You can use this panel to cancel transactions for group-level ECL transaction adjustments entered throught the Book Collective panel as well as cancel asset-level ECL transaction adjustments entered through the Book Asset-Level panel.
WRITERS NOTE: assume the cancellation is basis-specific? should we say so?
To cancel an asset-level ECL lot adjustment transaction to debt security lots:
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