Applies to: Connect. Wise Manage, Datto Autotask PSA and Xero No, voiding the invoice will not cancel any scheduled automatic payments. For real-time payments (Credit Cards) the system will likely fail the validation for the payment due at the time of processing, but for bank debits, it will not.
When you use remove & redo, Xero deletes the payment transaction from the invoice or bill and deletes it from Xero. The bank statement line associated with the payment transaction will remain in the bank account so you can reconcile it with another invoice or bill. The invoice or bill will return to Awaiting Payment status.
Of course, the logical way to do this is by voiding the sales invoices first. This will increase your inventory back up and now you will have enough inventory to cancel the bill. The behavior of Xero is quite logical.
This of course begs the inquiry “Why can’t I void or delete an invoice or bill in Xero?”
One answer is, If the option is not available you might have a payment or few attached to your invoice. Why I cannot void or delete an Invoice or Bill In Xero? This opens in a new window. In order to delete the invoice, you will need to remove the payment.
If we simply Void, will the reversal be included in the next VAT return as a Late Claim (crediting Input VAT). Hiya Gordon, if you void a bill that has previously been included in a return, this will pull through as a Late claim and adjust in your next one.
What happens if an invoice is voided by someone?
So if you have an error where someone has voided the invoice it won’t push any payments against it.
So the proper course of action would be to first void that sales invoice and then void the bill. I hope that helps. BTW, in addition to providing Xero Accounting services I also write about it.
Our answer was if they are one supplier and you credit them you can enter one credit for the whole amount and then apply to all the invoices once you click approve on the screen that appears. Whether to void or credit really comes down to whether you have finished reporting for any tax returns of any type or not.
How to delete an invoice in Xero?
If you know exactly that you are allowed to delete the payment, click on the payment then Options and Remove & Redo : It will bring you back to the invoice that you can Void. Xero has a very good system to keep all the records and who have done that. That’s why none of the invoices are deleter permanently.
How do I delete an invoice?
In order to delete the invoice, you will need to remove the payment. WARNING: Only remove the payment is you know exactly the origin of the payment. Please, consult your bookkeeper if you are not sure. If you know exactly that you are allowed to delete the payment, click on the payment then Options and Remove & Redo :.
How to add Asterix to invoices in Xero?
It is very simple, just add an asterix * in revised invoices in Xero. Excel does not recognise the Asterix., and same problem. We accidentally voided an invoice which got paid with a reference to the voided invoice number.