Cancel a Partner Contribution with a Manual Transaction

Use this method to cancel a partner contribution whose opening amount was invoiced using a manual invoice or journal entry.

Note: Before you perform this task, create a manual credit memo or reversing journal entry for the amount to be canceled. You then associate the manual transaction with the partner contribution in this task.

1. In the Partner Contributions work area, click the stakeholder with the partner contribution that you want to cancel.
2. Click the Actions menu and select Cancel Contribution.
   Or click Manage in Excel and use the spreadsheet to cancel multiple partner contributions.
3. On Cancel Partner Contribution, complete the following fields:
   • Transaction Number. Enter the transaction number on the manual transaction that you created to cancel the partner contribution.
   • Transaction Date. Enter the transaction date on the manual transaction. By default, the current date is used.
   • Transaction Reason. Enter a reason for canceling the partner contribution.
   • Cancel Date. Enter the date that you want to use as the cancellation date. By default, the current date is used.
4. Click Submit.

Results:

The partner contribution status changes to Canceled and the open amount changes to zero. A cancel transaction appears in the Transactions tab in Process Complete status.