If a WORKING revision is being edited, selecting Undo Edit Online reverts the revision to the previous iteration.
This is an administration command for document controllers only.
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Select Actions > Edit > Undo Edit Online.
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Select Yes to undo the edit.
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The checked out file is deleted from your OneDrive.
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You must ensure that the file is not locked for editing during the Undo Edit Online operation to avoid any unexpected problems.