Ability to Delete Contract Billing Event

Question: Are we able to delete a Billing Event after it's been invoiced and revenue recognized?

Background: A user created a billing event and ran Generate Invoices to create a draft invoice. The Invoice Status = Fully Invoiced and the Revenue = Fully Recognized. Prior to submitting the invoice, the user realized the date on the Billing Event was incorrect, but since the Completion Date is not an editable field, the approach was to delete the Billing Event and start over.

The draft invoice was deleted, which updated the Invoice Status to Uninvoiced and the Event Amount was zeroed out, which updated the Revenue to Unrecognized (after running Generate Revenue). Despite the updated status, the below error is still received when attempting to delete the Event