Canceling an invoice is easy as 1 2 3, @nealc1405-gmail-.
When you enter an invoice with incorrect information and want to cancel it, you can simply delete or void it to completely erase it from your books. Here's how:
Just in case you want to recreate the invoice, feel free to check out this article for the detailed steps and information: Create invoices in QuickBooks Online.
Should you need any assistance managing your QuickBooks transactions, I'm available here to help any time!
December 10, 2020 04:22 PMI'm back to ensure you were able to cancel the invoice by deleting it. If you need further assistance with this, you're welcome to post again or leave a reply below. We're always here to help.
Thanks for coming to the Community, wishing you and your business continues success.
December 27, 2020 08:39 AMI have to Cancel or Void certain old never-to-be-paid Invoices where I've already paid the Sales Tax to NY State on a Sales Tax Item associated with each particular County. I need those paid Sales Tax amounts to be credited now to the proper counties. Over the last 21 years of using QB Premier Desktop on a Cash Basis, I have discovered Sales Tax had always been paid on an Accrual Basis, noting that I see it can be also changed to a cash basis, but it wasn't/isn't on a cash basis currently. I'm having difficulty finding an A/R report with the jurisdiction/county Sales Tax Item shown. When I Void an invoice, does it leave it there completely intact, to see in its entirety in the future, for reference purposes? And does Voiding it put a notation of the Void date on it? I'd also like to know what it does to my books' Sales Tax records --- thinking it'll bring a negative balance forward in general, but credit the paid Sales Tax on a per county basis, when I reconcile and Pay the Sales Tax, yes/no?.
December 27, 2020 11:03 AMThanks for posting here, @chart,
When you void a transaction in QuickBooks the system offsets the amount on the transaction to zero out the balances. However, voiding a sales entry will not affect the sales taxes paid prior.
The system will retain the payment and apply the credit to the next taxable period. If you want to keep track of any changes to the entries in QuickBooks, you can open an Audit Trail report for it. Simply go to Reports > Accountant & Taxes > Audit Trail .
Regarding the report, you can look for Sales by Customer Detail report and customize it to only show invoices along with the taxable sales.
I'm also adding this article to learn more about the reports in QuickBooks: Understand reports
Please know that your insights about our reports is important for us to improve our products. If you have any questions feel free to reach out back again, and I'll be right here to help. Have a nice day!