Reverse an invoice
You can reverse a previously billed invoice for a client. This process creates a negative invoice to reverse the unpaid amount of a selected invoice, and adds negative adjustment entries for each WIP item on the invoice.
- Select tab.
- In the Actions column, choose .
- A panel opens with the invoice information. It defaults to today's date, but you can choose any date after the original invoice date.If your firm uses approval and posting for billing, the reversal must be posted before you can submit it.
note
- The Period Reconciliation report now includes a Reversals row in theAccounts Receivable Summarycolumn.
- Invoice reversals don’t restore WIP so that it can be billed from theBilling Selectionscreen.
