How to Reverse a Vendor Invoice

To reverse a vendor invoice:

1. Click on Vendors.
2. Select the vendor where the invoice is posted.
3. Select the vendor invoice which needs to be reversed.
4. Right click > Reverse > Yes or click the dropdown and select Reverse.
5. Select or enter the date of reversal.
6. Enter a reason of reversal.
7. Click on Post and Close.

Once reversed a confirmation message will display.

If a vendor invoice has been posted as a client disbursement, and the disbursement has been billed then a message will appear.

If Yes is selected then the client disbursement ledger will display a credit disbursement with a status of unbilled to reimburse the client for the previously charged disbursement.