Correct or Cancel a Posted Purchase Invoice in D365 BC:
(1) In this blog we see the correction and cancellation feature of Posted Purchase Invoice. In D365 BC Microsoft provides cancellation features in the base application.
(2) Let’s take an overview of this feature. There are three options for this feature:
- Correct: Reverse the selected Posted Purchase Invoice. A credit memo will be created and matched with the invoice, and the invoice will be cancelled. In this functionality Purchase Credit Memo create and posted and New Unposted Purchase Invoice is created.
- Cancel: Create and post a purchase credit memo that reverses this posted purchase invoice. This posted purchase invoice will be cancelled.
- Create Corrective Credit Memo: Create a credit memo for this posted invoice that you complete and post manually to reverse this posted invoice.
(3) For this go to the search bar and open the Posted Purchase Invoice, as shown.
(4) After that Posted Purchase Invoice list is open, as shown.
(5) Select the document that you want to correct and press the button “Correct”. This button has three options, as shown.
(6) Correct: If you select the “Correct” option, then the system creates and posts “Purchase Credit Memo” according to the “Posted Purchase Invoice” and marked Cancelled. The below images define the functionality of the “Correct” option, as shown.
- Press the Yes button for confirming the action.
- System creating and posting Purchase Credit Memo.
- After doing the above steps, Posted Purchase Credit Memo Document and open the Unposted PurchaseOrder/Invoice document (depending upon the previous nature of the document).
- System marked Cancelled “Yes”.
(7) Cancel: If you select the “Cancel” option, then the system creates and posts “Purchase Credit Memo” according to the “Posted Purchase Invoice” and marked Cancelled. The below images define the functionality of the “Cancel” option, as shown.
- Press the Yes button for confirming the action.
- After doing the above step, the system creates and posted Purchase Credit Memo. If you want to see press “Yes”, otherwise you open it from Posted Purchase credit Memo list.
- If “Yes” according to the above step, then Posted Purchase Credit Memo open.
- System marked Cancelled “Yes”.
(8) Create Corrective Credit Memo: If you select the “Create Corrective Credit Memo” option, then the system creates “Purchase Credit Memo” according to the “Posted Purchase Invoice” and opens Unposted Purchase Credit Memo, but the Cancelled mark remains “No” until Unposted Purchase Credit memo post. Below images define the functionality of the “Create Corrective Credit Memo” option, as shown.
- Creating Unposted Purchase credit memo.
- After that, the system opens the Unposted Purchase Credit Memo.
- System Marked “No”, when you post then it will mark Yes.
(9) You can also see the Posted Purchase Credit memo from Posted Purchase Invoice if it has.
