Releasing pending application reversals

Use this procedure to create reversing cash application and cash application adjustment records. These records serve as an audit trail as payments and invoice are restored to a pre-application state.
  1. Sign in as Receivables Specialist or Receivables Manager. .
  2. For Receivables Specialist, select Cash Application > Review Applications > Payment Reversal
    For Receivables Manager, select Processing > Cash Application > Review Applications > Payment Reversal.
  3. Select a payment record and click Release.