Void Cash Receipts

Overview:

In the event a cash receipt was posted in error, or adjustments need to be made, the void cash receipt window can be used to reverse out the cash receipt. This process re-establishes the AR invoice as open, as well as reverses out the accounting entries that were made during the original cash receipt posting. 

Benefits:

• Quickly void out posted cash receipts
• Re-establishes the AR invoice on the AR aging
• Automatically reverses out accounting entries associated to the original cash receipt posting

Roles:

• Accounts Receivable Clerk
• Accounts Receivable Manager

Additional Content

• N/A

Location:

• Billing & Accounts Receivable > Cash Receipts > Void Cash Receipts

Video: