Reversing journalized contract invoices

When reversing journalized invoices, no draft or created revenue can exist.

  1. Sign in as Project Accountant, Project Administrator, or Project Manager.
  2. Select Project Contracts.
  3. Select the Contracts tab and open a contract.
  4. Select Actions > Reverse Journalized Invoices.
  5. Specify this information:
    Posting Date
    Specify the posting date for the invoice reversal.
    Invoice Group
    Select the contract invoice group to reverse. Only invoice groups with a status of Journalized are displayed.
    Print Status
    This field is only available if the Third Party Invoice Print check box is selected on the Options tab of the finance enterprise group. Select the status for the invoice. The print status can be updated on the invoice that is in a Created or Journalized status. The ProjectContractInvoice business class for PrintStatus = Print is queried by the third party invoicing system. This status indicates to the third party to create an invoice.
    Printer Email Address
    Specify a printer email address to print the invoice reversal.
    Delete Reversed Invoices
    Select this check box to delete the reversed invoices. If this check box is not selected, then the reversed invoices status are updated to Created.
  6. Click Submit.
  7. If the Delete Reversed Invoices check box is selected, then click OK to confirm.