Overview:
The Reverse an AR Invoice window allows you to reverse (void) manual entered invoices for a given customer and job combination. The Reverse a System Generated invoice should be utilized for reversing/voiding all invoices that were calculated in PENTA. When you reverse an invoice, PENTA marks the invoice as voided, making the Invoice Number available for replacement, and posts the proper accounting entries to debit sales and credit accounts receivable.
Benefits:
- Ability to quickly back out the invoice from the AR Aging and reverse the accounting entries\
- Security can restrict who has access to this process
Roles:
- Accounts Receivable Manager
- Billing Clerk
Additional Content
Location:
- Billing & Accounts Receivable > Credit Memos / Reversals > Reverse an AR Invoice
Video: