Cancel Manual General Ledger Vouchers

Explanation

Use this activity to create cancellation vouchers for vouchers belonging to function groups M, K and Q. However, you will not be allowed to create cancellation vouchers belonging to these function groups if there is a reference to another voucher given in the header.

Vouchers can be cancelled from GL Vouchers Analysis page or GL Voucher Details Analysis page.

If you select the original voucher date, the cancellation voucher's date will be based on the date the voucher was originally created. Else the cancellation voucher's date will be based on the date displayed in the Given Voucher Date field. The cancellation vouchers will be created in the hold table.

Prerequisites

Vouchers should belong to function groups M, K and Q.

System Effects

  1. Vouchers will be prevented from being cancelled if:
  1. All voucher rows in a cancelled voucher will have the original Transaction Code suffixed with the text CANCELLATION�. For example: CANCELLATION-MANUAL�
  2. All voucher rows in the original voucher will be copied to Voucher Entry/ View Voucher Rows tab
  3. It is not possible to modify existing voucher rows or add new voucher rows for cancellation vouchers.
  4. A cancellation voucher will be created for each voucher selected for cancellation.
  5. All amounts specified in the cancellation voucher will be Reversed or Corrected based on Cancel Rollback posting Method in the Accounting Rules record sub menu in the Company page.