Hi, I notice that when I try to reverse the vendor invoice transaction, the system throws an error message “ledger account associated cannot be reversed” etc., and from what I understand, we cannot reverse the vendor invoice transactions if it is created through PO. then what is the best way to do this or alternative?
Raise a purchase return order or a purchase credit depending upon the processes and stock impact you require.
Hi Patrick,
From the vendor transaction, generally invoice posted through invoice journal and vendor payment can be reversed. If the invoice is posted through PO, then you need to follow what Adam suggested.
Pranav…