Oracle Financials Cloud: Accounts Payable 2017 Implementation Essentials — Question 12

If you accidentally paid an invoice using Create Payment flow, can you undo the operation?

Answer options

• A. yes, by canceling the payment process from the process monitor
• B. Cancel the invoice and create a new one.
• C. yes, by voiding the payment created
• D. yes, by creating a credit memo to offset the payment
• E. no

Correct answer: C

Explanation

The correct answer is C because voiding the payment effectively reverses the transaction. Options A and D suggest alternative methods that do not directly undo the payment, while B involves creating a new invoice which does not address the original payment. Option E incorrectly states that it is not possible to undo the payment.