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Former Member
Feb 16, 2011 at 10:52 AM

impact of invoice reversal to accounting

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good day experts!!

what impact does invoice cancellation/correction have on accounting department wen they hav already cleared the invoice?

can the invoice repeatedly be paid to contractors becauase of invoice reversal? these is in terms wen trying to correct the invoice e.g the wrong contractor was invoiced, or wrong items where charged. This means i have to reverse the whole invoice then post it again.The reversed invoice has already been charged by accounting.

help