What is meant by void payments?
Answers were Sorted based on User's Feedback
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 .
| Is This Answer Correct ? | 20 Yes | 5 No |
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.
| Is This Answer Correct ? | 12 Yes | 1 No |
Answer / mahesh
Void Payment :
Void payment is nothing but Cancel the payment.
| Is This Answer Correct ? | 7 Yes | 0 No |
what is the use of matching tab in payables options in Payables module?
Is FA Supports Multi _org?
what is the main difference between the MRC and Revaluation? can any one tell me.
Scenario: I have 3 AR invoices. 1. Inv1 - $1000 2.Inv2 - $2000 3. Inv3 - $3000 I am ceating receipt for $6000 against the 3 above invoices. Question: Can I reverse the receipt $2000 for Inv2 alone? If so How can I do that? please help.
What is internal-external bank (account)? Suppliers bank account? Inernal-external sales order? In AP, do you settup each supplier with its own account or you just use your expense/charge account for all supplier.Whatif you want to know how much money you paid to a particular supplier?
Difference between quick payment and manual payment?
What are the mandatory flexfiels used in FA?
In GL Module When does the GL_BALANCES Table Hit ?
Can anybody explain different types of asset depreciation method with an simple example.?
how service tax work.
Purpose of Payable invoice open interface?
Difference b/w Item Expense a/c, Material A/c & Expense A/c@Inventory org level?