Void invoice: definition, example, and why it matters
Voiding preserves the invoice number in the audit trail — deleting destroys it. Always void instead of deleting once an invoice has been sent or seen by the customer.
Short definition. An invoice cancelled by zeroing its total while keeping its record.
Category. Void invoice is a invoicing term used by service businesses when billing customers.
How Glo Invoice handles it. Glo Invoice builds void invoice into the invoice itself, so you don't track it on paper or in a spreadsheet.
Frequently asked questions
What does void invoice mean?
Voiding preserves the invoice number in the audit trail — deleting destroys it. Always void instead of deleting once an invoice has been sent or seen by the customer.
Related terms
Invoice — A document a business sends a customer requesting payment for goods or services.
Credit note — A document issued by a seller that reduces the amount a buyer owes.
Audit trail — A complete chronological record of every change made to a financial document.