Your Amazon Purchase Today

Tuesday, 1 December 2020

How to cancel an invoice in oracle payables

How to cancel an Invoice in oracle Payables


How to cancel an Invoice in oracle payables cloud

In this post we will see how to cancel an AP invoice in oracle payables cloud/steps to cancel an AP invoice.

Whenever we cancel an invoice, the original AP invoice is reversed by the system and reverse accounting entries are generated for that invoice. For eg

When invoice created

Exp AC- DR

Liability- CR

When invoice is cancelled

Same Exp AC- CR

          Liability – DR


Import points to remember when we cancel an invoice in oracle payables cloud

Here you have to keep few things in mind 

1) A paid invoice can not be cancelled until the payment done on that is voided.

2) Cancelled invoice accounting will be generated in current open period only.


Detailed steps on how to cancel an invoice in oracle Payables cloud


Step 1: Login to Oracle Payables >Invoices


How to cancel an Invoice in oracle Payables
How to cancel an Invoice in oracle cloud payables


Step 2: task Pane > Manage invoices


How to cancel an Invoice in oracle Payables

                                                    How to cancel an AP Invoice in oracle cloud payables


Step 3: Search for the invoice which you want to cancel. Invoice will appear in search results. Select the line and click on pencil Icon. Invoice will open in edit mode.


How to cancel an Invoice in oracle Payables

Steps to delete an AP invoice in oracle payables

Step 4: Click on the actions and select Cancel Invoice.


How to cancel an Invoice in oracle Payables

                                                              Steps to delete an invoice in oracle cloud payables


Step 5: Warning message will pop-up click OK.



How to cancel an Invoice in oracle Payables


Step 6: Invoice status changes to cancelled.


How to cancel an Invoice in oracle Payables




How to delete an invoice in oracle payables || Steps to delete an AP invoice in oracle payables || How to cancel invoice in oracle || how to cancel an AP invoice in oracle



No comments:

Post a Comment

Popular Posts