Void a Vendor Bill that was Posted on a Closed Period
Published on
July 21, 2023 at 1:27:48 AM PDT July 21, 2023 at 1:27:48 AM PDTst, July 21, 2023 at 1:27:48 AM PDT
Scenario
User needs to void a Vendor Bill; however, the Vendor Bill was posted in a closed period.
Solution
It will not be possible to Void a Bill posted on a closed period even if the "Void Transaction Using Reversing Journals" preference is enabled because the Void button on Bills will only appear in Edit Mode which is not available if the period is already closed.
What the user can do is to create a Bill Credit and apply it to the Bill. This way, the effect of the Bill will be negated.
1. Open theBillthat you want to void
2. Click theCreditbutton
3. In the NewBill Creditpage, go toItemstab >Applysubtab > make sure that Apply checkbox beside the Bill is checked so that it will be correctly applied to the Bill Credit
4. Once done, clickSavebutton