Cancelling of AP Invoices

We we need or want to cancel an invoice, Oracle Payables allows us to cancel only unpaid invoices. In addition these invoices cannot be on postable holds, have applied prepayments, or have been matched to a permanently closed PO. If invoices are prepayments, we cannot cancel the prepayments if they are applied to the invoices. If the invoices are placed on postable hold, these invoices must be released from the holds prior to being cancelled. If we cancel an invoice, we will no longer be able to make changes to it. To cancel invoice distributions, we must reverse them. When Oracle Payables cancels an invoice, it sets the invoice amount and all its scheduled payments to zero. It also reverses the invoice distributions of the invoice and any PO matches.It also submits invoice approval, and if there are no postable holds, the invoice will be cancelled.

To cancel an invoice, we use the invoice Workbench. Enter the selection criteria and click on the Find button to locate the invoice you want to cancel. From the invoices form, select the action button. The invoice actions form will appear. To cancel invoice, check the Cancel Invoices checkbox and click on OK. The invoice will be cancelled if there are no postable holds.