FrontAccounting forum — Using VOID - what are the limits

Re: Using VOID - what are the limits

2013-03-26T12:27:38Z

They seem to still be in the system. E.g a voided payment will still list under the reconciliation screen - although it can be ticked and therefore reconciled out.

Also, voiding an invoice which has a payment allocated will de-allocate the payment.

I was hoping we could get some details on how voiding worked and then add them to the wiki.

Re: Using VOID - what are the limits

2013-03-26T11:13:51Z

Voiding should van(qu)ish the transaction, right?

Using VOID - what are the limits

2013-03-26T10:17:53Z

Hi,

I've tested voiding an invoice and it seems to disappear completely. It does not raise a credit note.

Even if it has had a payment allocated to it the payment is de-allocated and is available to be allocated against another invoice.

This voiding scares me a little - especially in relation to bank reconciliation.

So, what are the limits to voiding transactions? What are the principles behind the voiding of the various transactions?

Thanks,

Kevin B