Void or Reverse a Financial Transaction

A transaction which has not been posted can be voided. The transaction will remain in ResCenter and its Void Status will be marked as Error. Once voided, the transaction cannot be posted, and the Void Status cannot be removed.

When voiding a posted transaction, the transaction will undergo a reversal process. A reversed transaction will remain in ResCenter and affect any associated balances.

Refer to the Transaction Void and Reversal Rules and Transaction Void and Reversal Process by Transaction Type sections for more information about how voids and reversals are handled in ResCenter.