View source for Accounting Finance:Void Payments-Working with AP Void Payments

==Overview==
By the end of this course, you will be able to:
*Understand how to VOID a payment and reverse documents applied to payment

==Voiding Vendor Transfer Payments==

:1. Select '''ASW Fastpath'''
:2. Select '''Cash Management'''
:3. Select '''A/P Cash Management Tasks'''
:4. Select '''A/P Payment Tasks'''
:5. Select '''Enter financial transactions'''
:6. Enter '''Voucher type 45''' (A/P manual/void payment)
:7. Enter '''Batch amount''' (enter as a positive)
:8. Select '''User template'''

[[File:VoidPymt1.png|400px]]

:9. Change '''A/P payment entry''' (default is '''VOD''')
:10. Press '''Enter'''
:11. Press '''Enter''' again

[[File:VoidPymt2.png|400px]]

:12. Enter '''Document type VOD'''
:13. Enter '''Document number''' (cheque #)
:14. Enter '''Document date''' (date on cheque)
:15. Enter '''Supplier number'''
:16. Enter '''Transaction amount''' (net amount after discounts have been taken off)
:17. Enter '''Text''' (enter full document #)
:18. Press '''Enter'''

[[File:VoidPymt3.png|400px]]

:19. Enter '''Bank''' (default is '''001''' – main operating line)
:20. Enter '''Transaction ref''' (cheque #)
:21. Enter '''Reason code AP05'''
:22. Enter '''Text''' (enter full document #)
:23. Press '''Enter'''

[[File:VoidPymt4.png|400px]]

:24. Select '''Reverse settlement''' OR '''F8'''
:25 .Press '''Enter'''

[[File:VoidPymt5.png|400px]]

:26. Highlight payment to VOID
:27. Press '''Enter'''

[[File:VoidPymt6.png|400px]]

:28. Highlight transactions to re-open
'''DO NOT''' mark the CHQ payments or CAD discounts
:29. Select '''Reverse selected entries to reverse''' OR '''F10'''

[[File:VoidPymt7.png|400px]]

:30. Click '''Settlement differences'''

[[File:VoidPymt8.png|400px]]

:31. Enter the amount of the '''CAD A/P cash discount''' as a negative amount
:32. Press '''Enter'''

[[File:VoidPymt9.png|400px]]

:33. Select '''Update''' to complete selection 

[[File:VoidPymt10.png|400px]]

:34. Enter another VOID payment '''OR'''
:35. Press '''F12''' to move back to previous panel

[[File:VoidPymt11.png|400px]]

:36. Press '''F3'''

[[File:VoidPymt12.png|400px]]

:37. Mark '''Close batch'''
:38. Change '''Printer queue''' to '''LP05'''
:39. Press '''Enter'''

[[File:VoidPymt13.png|400px]]

:40. Press '''Enter''' to confirm

[[File:VoidPymt14.png|400px]]

[[Category:Workflows-Finance]]
[[Category:Accounts Payable]]