Cancel Customer Invoice

Explanation

The Cancel Customer Invoice activity cancels a customer invoice. Perform this activity for both manual customer invoices and Instant Invoices in the PostedAuth state with no payment connected, and for Instant Invoices in the PartlyPaidPosted state only with Withholding Tax payments

Instant Invoices with only Withholding Tax payments can be canceled if they are in PartlyPaidPosted status and any other payment/s connected to the invoice need to be rolled back or canceled to cancel the instant invoice.

A canceled Manual customer invoice is marked in the Canceled field in the Customer Invoices Analysis page in IFS/Payment if that module is installed. After cancellation, the invoice can be re-entered.

A canceled Instant Invoice changes its status to canceled and displays as canceled on the Instant Invoice page, Customer Invoices Analysis page, and Customer Invoice Analysis page.

Prerequisites

A manual customer invoice is essential to be unpaid

To cancel an Instant Invoice Allow Cancel Customer Invoice in the Company/ Invoice Tab needs to be set to true and Instant Invoice is essential to be unpaid or only have a payment connected to Withholding Tax.

 

System Effects

As a result of this entry a voucher belonging to function group K is created.

If Withholding Tax is connected a voucher belonging to function group B is created.

The system reverses all postings related to the invoice creation and transfers them to the hold table in IFS/Accounting Rules.