Hi can any one tell me what is difference between void and canceling either invoices or payment.
If there is any difference will there be impact on GL Balances
Difference between Canceling and Voiding
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- Posts: 256
- Joined: Thu Aug 07, 2008 3:48 am
- Location: USA
HI,
If you void payment then only payment is void and you can make new payment but if you cancel payment then invoice also cancel and you can not make new payments against the invoice.
Thanks,
Aman
Invoices can be canceled & payments can be voided and canceled.Hi
Invoices can be canceled & payments can be voided.
Thanks
Karan
If you void payment then only payment is void and you can make new payment but if you cancel payment then invoice also cancel and you can not make new payments against the invoice.
Thanks,
Aman
<b>Voiding Payments</b>
http://download.oracle.com/docs/cd/A607 ... jpmt05.htm
<b>
Cancelling Payment Batches</b>
http://download-uk.oracle.com/docs/cd/A ... tbat11.htm
<b>Cancelling Invoices</b>
http://download.oracle.com/docs/cd/A607 ... vadj12.htm
http://download.oracle.com/docs/cd/A607 ... jpmt05.htm
<b>
Cancelling Payment Batches</b>
http://download-uk.oracle.com/docs/cd/A ... tbat11.htm
<b>Cancelling Invoices</b>
http://download.oracle.com/docs/cd/A607 ... vadj12.htm
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- Posts: 256
- Joined: Thu Aug 07, 2008 3:48 am
- Location: USA
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- Posts: 130
- Joined: Sun Mar 11, 2007 1:47 am
- Location: India
Hi,
You can find the status of batch using %ing% in payment batch status column.
Cancelling:You can cancell the invoice using cancel invoice chcek box.
Void:You can void the payment using viod check box.
After voided the payment do the accounting and accounting entries generated as follows.
Cash A/c dr
Payables control Account Cr
Thanks & Regards,
Siva
You can find the status of batch using %ing% in payment batch status column.
Cancelling:You can cancell the invoice using cancel invoice chcek box.
Void:You can void the payment using viod check box.
After voided the payment do the accounting and accounting entries generated as follows.
Cash A/c dr
Payables control Account Cr
Thanks & Regards,
Siva
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