Purpose

You close vouchers when you want the remaining liability to be "written off" the supplier balance and the voucher to be considered complete. For example, when you have items in dispute that you and the supplier have agreed that you will not make a payment on these items. Close the voucher to credit the expense accounts and debit the liability accounts for the portion of the voucher that remains unpaid.

To close a voucher, the voucher must be:

  • Posted.
  • Not selected for payment.
  • Not fully paid.

Description

The key topics involved in the Close voucher process are:

  • To­­­­­pic 1: Closing a non-PO voucher
  • Topic 2: Closing a PO Voucher