Reversing a receipt means cancelling a previously issued receipt. This may be necessary if there was an error in the original transaction, such as an incorrect amount. You must have the receipt number to initiate a reversal.
Steps to Reverse a Receipt:
- Log in to the system using your assigned credentials.
- On the main dashboard, navigate to the “Client Invoicing & Receipts” module.
- Under the Client Invoicing section, click on “Receipts”, then select “Reverse Receipt” from the dropdown menu.
- You will be directed to the Reverse Receipt form. Enter the required details, including the receipt number.
- Click the “Submit” button to proceed.
- The system will display the transaction details of the selected receipt.
- In the comments section, provide a clear reason for reversing the receipt.
- Select the appropriate approver from the list.
- Click “Submit” to forward the reversal request for approval.
The reversal action will only be completed once it has been reviewed and approved by the assigned approver.