1. Localizations for India Implementation Guide
  2. Canceling a Processed Transaction

Canceling a Processed Transaction

You can cancel an accounts receivable transaction for which tax amount is offset from a bond/LOU.

Complete the following steps to cancel a processed transaction:

  1. From the India Localization module, click GST Module, GST Daily Processing, and then GST Offset Against Bond/LOU - AR.

  2. On the Work With GST Bond/LOU form, select the record for which you want to view the details.

  3. Select Transaction Details from the Row menu.

  4. On the View Transaction Details - AR form, select the transactions you want to cancel.

  5. Select Cancel Transaction from the Row menu.

    The system cancels the transactions after confirmation and adds the tax amount to the bond or LOU from which it was offset. The canceled transactions are available in the GST Offset Against Bond/LOU - AR form.