If you cancel an invoice (or) Invoices with offsetting credit or debit memos. In such case there is no need pay any amount, but system will show these invoices in Invoice Aging Report as they are not paid. If you create dummy bank A/c and Dummy Check's and make payment to those invoice, those invoices will no longer appear in Invoice aging Report.
1. Create Standard Invoice in Payables with Some "X"Amount.
2. With the same negative "X" amount create credit memo and match to the standard invoice.
3. Run invoice aging Report. You can see both Standard and Credit memo invoices.
4. To eliminate the same. Make Payment to the above Standard Invoice and Credit Memo.
5. Now, Re-run invoice aging Report. Standard invoice and credit memo invoice will not appear in the Report.
Set up for zero Payment:
1. Create a Zero Payment bank, bank branch and bank account.
2. Enable the Allow Zero-Amount Payments option in zero payment bank account.
Process for Zero Payment:1. Create Standard Invoice in Payables with Some "X"Amount.
2. With the same negative "X" amount create credit memo and match to the standard invoice.
3. Run invoice aging Report. You can see both Standard and Credit memo invoices.
4. To eliminate the same. Make Payment to the above Standard Invoice and Credit Memo.
5. Now, Re-run invoice aging Report. Standard invoice and credit memo invoice will not appear in the Report.
