Answer / kranthioracle

void means useless.

u can use void funtion after payment of invoice, so when u
void a payament payables automatically reverses the
accounting.

void payments restrictions
--------------------------
1. when payment paid by third party.
2. when payment got clearence from bank
3. when the related invoices has prepayment to it.
4. partially paid .

Answer / anil s

Void Payment means that once the payment is posted and u
can't edit the entry, In this case you void the entry by
doing reversal and the effect is zero and then you enter the
new entry as per the requirement.

Answer / mahesh

Void Payment :

Void payment is nothing but Cancel the payment.

how many set of books required if you have 3 different type of currencies viz, rs, dollar and euro?

4 Answers   Keane India Ltd,

---

How to open the new future periods in GL while we are in P2P or in O2C

1 Answers  

---

how do you know chart of accounts is in Active

4 Answers  

---

What r the validations we will do in Customer Interface

3 Answers   Fidelity,

---

what is revaluation?

4 Answers   Ernst Young, Oracle,

---

---

What are the different calendars used in FA Module?

1 Answers  

---

What is the procedure of: Analysis of invoice holds and getting them released in Accounts Payables.

2 Answers   IBM, Oracle, TATA AIG,

---

where should liability account define in account payable what are the steps for payment process

3 Answers   Oracle,

---

What is Flow of Account Receivables,Payables and Fixed Assets?

0 Answers   Doyensys, Wipro,

---

What is the use of hr: user type, while configure multiorg?

0 Answers  

---

What is Work Flow of AP,AR, Sales & Purchase

0 Answers  

---

What is an ERS

3 Answers   IBM,

---