What is the result of voiding a payment?

What is the result of voiding a payment?

Question:

What is the result of voiding a payment?

Options:

The payment is reconciled to the bank statement.

The payment is no longer valid for payment.

A stop payment request has been initiated to the bank.

A bills payable payment was created but is not yet matured

Correct Answer

The Correct Answer for this Question is

The payment is no longer valid for payment.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *