Bypassing the payment process

Use this procedure to indicate that an invoice is paid or written off without creating a credit memo or processing a payment run.

Before you can use this procedure, the Marked As Paid Offset Account must be enabled in the payables company. See the Financials Setup and Administration Guide. Distributions that clear out the payment accrual are created and posted to the Marked As Paid Offset Account field.

  1. Create and release an invoice.
  2. Select Manage Invoices or Search Invoices and select the released invoice.
  3. Select Mark Invoice As Paid.
  4. Complete the fields.
  5. Specify the Transaction Number.
    If this field is blank, MarkedPaid is the default.
  6. Click Submit.