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How to Reverse a Project Invoice for progress & TM Billing rules

  • 20 February 2024
  • 6 replies
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Userlevel 5
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Hello All,

I have been looking out for ways to reverse an AR Project Invoice that has been generated via Progress or Time-Material Billing rule. How can we achieve this?

 

Thanks in advance.

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Best answer by Laura02 21 February 2024, 11:49

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Userlevel 5
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@Harry,

please see the attached screenshot, which might help you.

 



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Regards,
Sagar, Greytrix

Userlevel 5
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Hello @Harry 

Please check the below Acumatica help link related to the Reversing Project AR Documents.

https://help.acumatica.com/(W(3))/Help?ScreenId=ShowWiki&pageid=c17cd276-5ac4-3e1e-a238-fa3ccdaa1e16

Thanks

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Please note, depending on version, whether you are using Construction Edition, and/or whether you use Proforma features, there could be additional correction steps in the ProForma Invoice screen, shown below.

Laura

 

Userlevel 7
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@Harry If you are using Pro Forma and AIA, always correct from the Pro Forma side not the AR side.   For T&M you can use the Reverse or Reverse and Apply on the AR side.

Userlevel 5
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Hello @Heidi Dempsey  & @Laura02 ,

Thank you for your suggestions. I checked out the scenario for Progress billing and found out that the Correct option in the More Menu is only available if we have Construction feature enabled. So what is it is disabled. Is the last option for this is to reverse the invoice from AR module itself?

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Hello,

Yes, correct.  If you are not using Construction Edition (no proformas with AIA billing) then your Invoice will need to be reversed/corrected in AR Invoices screen.

Laura

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