Editing a Cash Basis Invoice
You can correct an invoice that was entered incorrectly.
If you are using cash basis accounting and an invoice has a status of unpaid (posted), you can change any information. If, however, you change the invoice Type from Late Fee or Return Check Fee to Invoice, the fee codes may no longer be applicable and you may need to change the distributions.
If the invoice is paid or partially paid, you can add distribution lines or edit the following fields:
- Payer (if used)
- Invoice #
- Invoice Amount
- Due Date
- Print Invoice
- Invoice Date
- Invoice Description
- Comment
- Project
- Deductible
If you add a discount to a paid or partially paid invoice, and the discount pays off the balance of the invoice, an entry is posted to the general ledger to debit the discount account and credit revenue.
If an invoice is void, you can change the void date of the transaction. A void date field opens beside the status.
- Under Manage Records, click the Transactions tab.
- In the drop-down list, select Accounts Receivable Invoices and click Go
.
- Click Add/Edit Invoices.
- Select the invoice you want to change and click Edit. Remember that to see all invoices, you may need to change the drop-down filter and/or the Posting Period.
- Enter the new information for the invoice. For additional help, see the field descriptions in Adding Invoices.
- Click Ok and confirm.