In MYOB AccountEdge, purchases can be easily changed, removed or reversed. Quotes and orders can be changed or removed at any time. The grouping of line items on a purchase can be changed by inserting a line, deleting a line, inserting a header line or inserting a subtotal line. The ability to change, remove or reverse a bill depends on the way you set up AccountEdge. An important point to consider is if your purchase is changeable or unchangeable. If your purchase is changeable, you can make changes to a purchase or remove the purchase altogether from your ledger.
Unchangeable transactions work differently. By reversing an unchangeable purchase, the effects of your original purchase will no longer be part of your ledger; however, a record of the reversed purchase, called a reversing transaction, will remain. Then, if you want, you can enter a new, correct transaction to replace the transaction you reversed. See What are changeable and unchangeable transactions? for more information.
When you remove a recurring template, the template is removed from your list of recurring templates only. Any transactions you recorded using a recurring template you remove won't be affected.
The status of a purchase can be changed. If you enter a quote or an order into AccountEdge, you can easily convert it to a bill once you're ready to pay your vendor. A quote can be changed into an order or bill. An order can only be changed to a bill.
Click below for the step-by-step procedure:
To change a recurring template's name or frequency
To change a recurring template's line items and other information
To convert a quote to an order or bill using the Purchases window
To convert an order to a bill using the Purchases window
To insert a line on a purchase
To insert a header on a purchase
To insert a subtotal on a purchase
To delete a line on a purchase
To remove an order with no payment applied to it
To remove a bill with no payment applied to it
To remove an order with a payment applied to it
To remove a bill with a payment applied to it
To remove a recurring purchase template
To create a vendor debit for an item bill when you didn't return all the items that were on the bill
Purchases Overview - Changing, removing and reversing purchases