We all hate to cancel payments or checks. Obviously, it’s because it takes forever to revert everything! The check itself, the deposit, the payment, and of course let’s don’t forget the connected invoice…
Cheer up! SAP Business One can do it all for you, well almost – you have to indicate which check to cancel:
From the context menu, choose the relevant option: “Cancel Deposit and Payment” or “Cancel Deposit”. Upon your choice the respective documents are canceled and reversal transactions are automatically created accordingly.
In addition, you can cancel incoming or outgoing payments by choosing the “Cancel” option from the context menu of the relevant document. In this case, SAP Business One cancels the payment and automatically re-opens any related document that was closed as a result of adding the payment.
Available in SAP Business One, version for SAP HANA and SAP Business One. This tip and all the other tips are available on the Tip of the week community page. You can also visit the Implementation Arena for useful implementation tips.