What is meant by void payments?
Answers were Sorted based on User's Feedback
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 .
| Is This Answer Correct ? | 20 Yes | 5 No |
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.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / mahesh
Void Payment :
Void payment is nothing but Cancel the payment.
| Is This Answer Correct ? | 7 Yes | 0 No |
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