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Accounting of Invoices

edited Jan 30, 2019 4:30PM in Payables, Payments & Cash Management 4 comments

Summary

Cancelled invoice being accounted

Content

Hello,

Please note that am currently on financial fusion r12. When we are creating an invoice, match the invoice with a PO, still not yet validated. Now if I cancel the invoice and run account AP transaction, the cancel invoice is accounted. 

I have many such scenarios and thus in my PNL I have many negative amount.

Is this normal in fusion financial r12? 

Also note that we have accrual at receipt and 3 way matching 

 

Pritish

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