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.

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