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Impact of Reversing the batch from intercompany module

edited Feb 19, 2025 2:00PM in Payables, Payments & Cash Management

Hi Team,

Need your help in finding the impact of reversing the batch from intercompany module on AP module.

Credit Memo "123_wrong_CM" was issued using the "Reverse batch" button within Intercompany module to cancel original AR Invoice "123"(created from intercompany batch "123_interco"). However, there was another credit memo "123_correct_CM" created manually and applied to the invoice "123". As multiple credit memos for the same AR invoice caused a duplication in reversing the balances originally in batch "123_interco". To help close for year-end, business has manually recorded an entry to correct the duplication in GL.

Are there any other steps that need to be taken to address this issue? Would this have any impact on AP?

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