Cancel a Cash Receipt
You can cancel a cash receipt only if it is not already used to make any payments. Once a cash receipt is applied, it cannot be canceled.
Prerequisites
Following is the prerequisite to cancel a cash receipt:
-
A cash receipt is created.
Note:To know about how to create a cash receipt, refer to Create a Cash Receipt and Payment Application.
Steps
Perform the following steps to cancel a cash receipt:
Click on the cash receipt that needs to be canceled.
-
Click Cancel Cash Receipt.
Receipt Status updates to CANCELLED.
Receipt Amount = Unapplied Amount.
Example
As shown in the following image, when a cash receipt (CRT-0000000037) is canceled, the following changes occur:
Receipt Status is CANCELLED.
Receipt Amount = Unapplied Amount = $200,000.00.