• From: UK
  • Registered: 03/05/2013
  • Posts: 47

Topic: Using VOID - what are the limits

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

  • From: Singapore, India, Chennai
  • Registered: 05/02/2009
  • Posts: 6,094

Re: Using VOID - what are the limits

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

apmuthu's Website

  • From: UK
  • Registered: 03/05/2013
  • Posts: 47

Re: Using VOID - what are the limits

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.