How does canceling an invoice with a paid deposit affect sales reporting?

amjennings — Wed, 24 Jun 2020 18:38:19 GMT

I have a few invoices with deposits already collected that now need to be canceled. How does that affect gross sales reporting? Typically an invoice isn't counted in gross sales until the balance is paid in full, so what happens when you eliminate the balance by canceling the invoice?

For example - 50% deposit paid in February, but I'm going to cancel the invoice in June. The deposit is not being refunded, so where does it count in the gross sales reporting?

Re: How does canceling an invoice with a paid deposit affect sales reporting?

JustinC — Thu, 25 Jun 2020 18:40:37 GMT

Hi @amjennings - just like an invoice before it's paid in full, the deposit of a cancelled invoice will not appear in gross sales either.

thread How does canceling an invoice with a paid deposit affect sales reporting? in Archived Discussions (Read Only)

How does canceling an invoice with a paid deposit affect sales reporting?

Re: How does canceling an invoice with a paid deposit affect sales reporting?