Voiding a Vendor Prepayment Transaction

You have the option to void vendor prepayment transactions after payment. If you have permission to edit vendor prepayments a Void button is available when you view a paid vendor prepayment transaction.

Note:

Take note of the following:

• If you require approval for vendor prepayment transactions, the transaction you want to void has to be approved.

• The transaction you want to void has to be paid.

To void a vendor prepayment transaction:

1. Go to Transactions > Payables > Approve Vendor Prepayments.

2. Click View next to the vendor prepayment you want to void.

3. Click Void to go to the Voiding Journal page.

4. In the Primary Information section:

   • You can change the date and posting period for the voiding of the transaction. The journal sets the current date and posting period if not specified.

   • You can add a comment or description in the Memo field.

5. Click Save to void the transaction.

Related Topics

Vendor Prepayments Overview

Vendor Prepayments Setup

Entering Vendor Prepayments

Entering Vendor Prepayments From a Purchase Order

Reviewing the Vendor Prepayments Associated With a Purchase Order

Vendor Prepayment Application

Vendor Prepayment Approvals

Vendor Prepayment Approvals in the Employee Center

Viewing the List of Vendor Prepayment Transactions

Editing or Deleting Vendor Prepayment Transactions

Printing Vendor Prepayment Vouchers

Customizing Vendor Prepayment Vouchers

Vendor Prepayments

General Notices