a/p invoice posted to incorrect year

(0) Share

Report

Posted on by Community Member

Hello, I have an a/p invoice posted to an incorrect, closed year. How do I reverse the invoice? The payment was posted to correctly. I just need to reverse the invoice, system is not letting me because it is a closed year, which doesn't make sense because it let the invoice post to the closed year. Thanks

*This post is locked for comments

I have the same question (0)

All responses (5)

Answers (0)

Frank Hamelly | MVP... 46,625 Super User 2025 Season 2 on at

Like (0)

Report

Void the invoice, set the Void date and Posting Date to the current year. Then re-enter the invoice in the correct year.

Was this reply helpful? Yes No
Community Member on at

Like (0)

Report

fHello Frank

Thank you for the response, but I have a couple of questions.

first question? can I void an invoice that's been paid?

second question? why do I want to void to the current year when it went into an incorrect year, not a current year?

Was this reply helpful? Yes No
Suggested answer

soma 24,410 on at

Like (0)

Report

I guess you had posted the invoice before closing the fiscal year. Because we can not post a transaction in closed year. Anyway if you want to reverse the invoice, you can only void the invoice and recreate it into correct open year.

Before voiding the invoice change the void posting date to current year in void payable transaction window.

Answer 1: You can void a paid transaction.

Answer 2:

Better void the invoice in current fiscal year. Because the previous year has been closed and the ending balance for the GL accounts was updated to current accounts beginning balance.

Hope this helps!!!

Was this reply helpful? Yes No
Frank Hamelly | MVP... 46,625 Super User 2025 Season 2 on at

Like (0)

Report

Renee, before you void the invoice, you have to void the payment. That opens the invoice back up to be voided.

Was this reply helpful? Yes No
Suggested answer

soma 24,410 on at

Like (0)

Report

Yes Frank is correct. If you void the payment, the applied invoice for that payment will move to open status.

Was this reply helpful? Yes No