Answer / kranthioracle

void means useless.

u can use void funtion after payment of invoice, so when u
void a payament payables automatically reverses the
accounting.

void payments restrictions
--------------------------
1. when payment paid by third party.
2. when payment got clearence from bank
3. when the related invoices has prepayment to it.
4. partially paid .

Answer / anil s

Void Payment means that once the payment is posted and u
can't edit the entry, In this case you void the entry by
doing reversal and the effect is zero and then you enter the
new entry as per the requirement.

Answer / mahesh

Void Payment :

Void payment is nothing but Cancel the payment.

Can Adjustments be imported?

0 Answers  

---

In Multiorg, how & where we set up Legal Entity?

4 Answers   HDFC,

---

When does the Invoice price variance arise? What is the accounting entry?

1 Answers  

---

Period closing process Ap and GL?

1 Answers   Deloitte,

---

whichever documents prepaired by the FUNCTIONAL CONSULTANT while implementing project by using AIM.

8 Answers   Accenture, TCS,

---

What is the use of detail,in detail and summaray

1 Answers   IBM,

---

What are the important setup in cash management for reconciled the payment ?

2 Answers   Deloitte,

---

On what basis you will define accounting structure

3 Answers   Meru Cabs,

---

can we create purchase order without requisition ?

6 Answers   TCS,

---

What is meant by void payments?

3 Answers   TATA,

---

Can anybody tell me.i have 3years of experience in a/c's field. but now i am looking for another company(IT field).I have completed pg M.com. In the post 3years of experience in a/c's side. (outof 3 years experience).... first 1years & 3 month of experience in one company and remaining 1.10 years of experience in another company)) I have covered my full details of experience & study. regarding above this particulars. How do I introduce my selfdetails in front of interview time

2 Answers  

---

explain about summary account with an example?

1 Answers   Satyam,

---