What is a cancellation invoice?
A canceled invoice is a document used to cancel or correct a previously issued invoice.
It contains identical information to the original invoice, but with negative values that cancel out the corresponding positive values from the original invoice.
By canceling the invoice, you can cancel the entire original invoice or only part of it, if only certain items need to be reversed.
An example of a partial cancellation is when a customer buys 3 items but returns, for example, one. Then you need to create a cancellation invoice that includes only that one item.
Canceled invoice gets a new number in the invoice sequence.
We have automated the process of creating a cancellation invoice in FIRA
In FIRA, there is a cancellation invoice as a type of document. There are several ways you can create it:
- You can open a new invoice and copy the contents of the original invoice (copy from an existing document). After that, you change the type to "receipt invoice" and adjust the content as needed.
- If you change the status of the issued (original) invoice to "Cancelled", FIRA will ask you if you want to immediately create a canceled invoice. FIRA will automatically download all information from the invoice you want to cancel and prepare the cancellation invoice for you!
Learn more in the video about all the possibilities of creating a cancellation invoice in FIRA.
A canceled invoice is a document used to cancel or correct a previously issued invoice.
The calcellatio invoice contains information that is identical to that on the original invoice, but with negative values that cancel out the corresponding positive values on the original invoice.
Canceled invoice gets a new number in the invoice sequence.
