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Dummy purchase invoice without GST

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Posted on by Kevald

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User posted an wrong credit memo for a vendor with gst nil rated value
However to reverse the same user posted an dummy purchase invoice to reverse the transaction effect
I wanted to know what would it implications be?
would it be a proper thing to do?
would it be safe? Would it be legit?
Do the transaction close here or anything more is required

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KasparsSemjonovs 3,941 Super User 2024 Season 2 on at

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RE: Dummy purchase invoice without GST

Just check, that the wrong Purchase credit memo is applied to the corrective Purchase Invoice - this can be done in Vendor Ledger entries.
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YUN ZHU 73,698 Super User 2024 Season 2 on at

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RE: Dummy purchase invoice without GST

Hi, as far as I know, this is the only way to reverse wrong credit memo on the system.

As for whether it is legit or not, this may require out-of-system process approval due to the non-existent posted invoice number.

I don't think it should be a problem as long as it can be explained clearly during the financial audit.

Hopefully other experts can give you better advice.

Thanks.

ZHU

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