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Former Member

Vertex - Cancel invoice

Hello experts,

Here is the scenario. An invoice document is created with tax value $100 (say 10%). Assume that it was incorrect. Before this invoice could be cancelled, vertex is updated with the latest info (correct %). Now, if the invoice document is to be reversed/cancelled, what would be the tax amount in the cancelled doc? New tax value or the original tax value?

If it is new tax value, is there a way to stop it? Any input would be rewarded with points.

Thanks,

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2 Answers

  • Best Answer
    Posted on Jan 30, 2008 at 05:20 PM

    Hi,

    Normally the cancellation process will carry the same value of original document.

    Hope this helps.

    Regards

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  • author's profile photo Former Member
    Former Member
    Posted on Jan 30, 2008 at 04:48 PM

    Any input experts?

    Thanks,

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