Credit the entire invoice

Learn how to credit the entire invoice value using the 'cancel invoice' feature. This can be used if the original invoice was raised in error and needs to be cancelled and re-created before it is sent to the client.

Problem

I have created a final invoice and have just realised that the invoice is incorrect. I haven’t sent the invoice to the client yet so I can still make amendments. What method should I use to re-create the invoice?

Solution

Correct the invoice by cancelling the original invoice. This will return all the attached invoice transactions to WIP. After the invoice has been cancelled, you can then re-create the invoice and include the same transactions. The invoice details are corrected in the newly created final invoice.

Want to learn more?

Looking for more help? Try reviewing the following topics: Concept Link IconView Topics

 

© 2019 Total Synergy Pty Ltd