Cancel payment
| Process | Interface to GL |
|---|---|
| 1) Match invoice (no receipt required). | AP175 |
| 2) Cancel invoice. | AP170 |
| debit | Expense | credit | debit | AP Accrual | credit |
|---|---|---|---|---|---|
| 1) 10 | 2) 10 | 2) 10) | 1) 10 |
Net effect: Wash
| Process | Interface to GL |
|---|---|
| 1) Match invoice (no receipt required). | AP175 |
| 2) Cancel invoice. | AP170 |
| debit | Expense | credit | debit | AP Accrual | credit |
|---|---|---|---|---|---|
| 1) 10 | 2) 10 | 2) 10) | 1) 10 |
Net effect: Wash