How to reverse a Supplier Payment or Customer Receipt
Description
Cause
Resolution

Unallocate

Unallocate the transaction and save it as a payment on account. See the article Unallocate transactions in Accounting.

Create a refund

Supplier refund

Go to Banking, NewSale/ReceiptVendor Refund.

Customer refund

Go to BankingNewExpense/PaymentCustomer Refund.

  1. Select the contact, then select the payment on account in the activity list.
  2. Match the original amount and date.

Accounting reverses the payment only. The invoice remains outstanding, so you can edit it or reverse it.

Steps to duplicate
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