cancelling only the value entry created by invoicing

Dear Experts,

When I post the purchase invoice:

  1. First the receipt is posted - quantity is increased

  2. Second the invoice is posted - Value is increased

Now my question: Is there any way i can reverse (undo) the 2nd step. Just nullify the effect of invoice but not the receipt i. e., I want to reverse the inventory value and the respective GL entries but want to keep the item ledger intact.

Your advice is highly appreciated.



No its not possible,

You need to reverse entire entry.