Reversing an AP Reserve Invoice

[former_member476276]

Hello,

What is the best way to reverse an AP reserve invoice (the GR has not been done nor has the invoice been paid)?

Should I...?

1. Copying to an AP credit memo wants to return a good that is not in inventory yet and therefore go to a variance account.

2. Perform the goods receipt at the incorrect value. Then do a AP credit memo taking the unit out of inventory. Then do the process all over again using the correct amount.

Or is there an easier way of fixing this, like an AP reserve credit memo?

Thanks,

Ryan

[former_member583013 · Accepted solution]

The 2rd approach would probably work better.