Cancelling AR invocie

[leela]

Hi Friends,
Please help me how to cancel the AR Invoice.
Thanks & Regards,
Leela.

[rao]

hi .....

Canceling a Particular invoice in AR........ can be done when the transaction is in incomplete status only (we can Delete) and if that particular Transaction is Receipted then we can't delete it.........

if so we can raise a Credit memo...... If the transaction is in complete status.. (After Receipt).....

[joythomas]

Leela

Here are the different options to cancel or delete an AR invoice .
Canceling or deleting an AR invoices depend on the procedures in your company .If you want to delete an AR invoice , the specific AR invoice should not have any activities like posting , credit ,payment application and adjustments.
You need to change the system option under Trans and Customer, by checking "Allow transaction deletion" and verify that you have the menu to delete the Record from the edit menu. Once you have deleted and saved the record . This invoice is completely deleted from the system. Now there is a gap in in AR Invoice number and keep required print out or screen shot for your audit purpose .Once you deleted the invoice and go ahead uncheck the AR system option under under Trans and Customer ?"Allow transaction deletion?.

You can ?Void? the transaction by changing the Invoices type in the Transaction window by selecting a Transaction type with Open Receivables and post to GL options were set to ?NO?.
This will delete the Payment schedule and Cancel distribution by removing the GL date .

You can ?Reverse? the Distribution by creating a credit memo .

You can Choose the Incomplete button in the Transaction window, This will delete the payment schedule.

Thanks
Joy Thomas

[hiszaki]

Hi leela

You can delete the AR invoice in these case:
- The invoice with incomplete status.
- The invoice doesn't posted.
- This is no receipt applied to the invoice.

Any other cases, you can cancel the invoice & be careful for that cancel or delete according to your business need.

Thanks
Hisham