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Former Member

invoice cancelled

hi

i want to know why the invoices are cancelled and reasons for it

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2 Answers

  • Best Answer
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    Former Member
    Apr 08, 2007 at 01:54 PM

    It can be an business requirement that invoice has to be cancenned, such as:

    1. Invoice pricing is wrong.

    2. Cancelation of order after raising Invoice.

    3. Postponement of delivery schedule, after the invoice is raised.

    4. Invoice raised to wrong partner, say instead of Bill to party (considering Bill to Party different from sold to party), it is raised on sold to party.

    & so on....................

    Regards,

    Rajesh Banka

    Reward Points if the information is helpful.

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    Former Member
    Apr 09, 2007 at 04:09 AM

    Hi,

    Invoices are canceled, based on the following reasons,

    1. Indian scenario - Excise not posted

    2. Wrong pricing

    3. Excise value is Zero

    4. Business needs to add some more qty, which cannot be added in the invoice, so it has to be canceled and PGI has to be reversed.

    Reward if it helped!

    Chandru

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