Void a Closed Period Bill Payment

If Void Transactions Using Reversing Journals preference is disabled, re-open the period and void the Bill Payment with the following steps:

1. Navigate to Setup> Accounting>Manage Accounting Period> Click on Period Checklist of the closed period and click on Close Task.

2.Enter Justification and click on Reopen Period.

3.Navigate to Transactions > Payables > Pay Single Vendor > Lists> click on Edit link on the Bill Payment and click on the Void button.

4.Click Save button.

If Void Transactions Using Reversing Journals preference is enabled, a voiding Journal Entry can be created for the open period. Below are the steps:

1.Navigate to Setup > Accounting > Accounting Preferences > General tab > mark Void Transactions Using Reversing Journals check box and click on Save button.

2.Navigate to Transactions > Payables > Pay Single Vendor > Lists > click on View link on the Bill Payment and click on the Void button.

3.A Voiding Journal will display with Memo on Void Of Bill Payment xxxx.

4.Enter preferred Date and open period on the Posting Period field.

5.Click Save button.

6.On the Bill Payment > Apply tab > Applied To subtab, notice that the Journal created above is automatically added.