Void a Closed Period in Bill Payment

Posted by CuriousRubik on 18 Dec, 2013

To void a bill payment that was created in earlier periods which are closed now :

Solution 1 : Void transactions using reverse journals is disabled, then re-open the period and void the bill payment.

Solution 2 : Void transactions using reverse journals is enabled, then a voiding Journal entry can be created in the open period. The bill payment transaction shows void in the memo field.

Topics: Accounting

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