Backing out monies that have been committed and invoiced

I have been talking with Travis McChesney in professional services about how to accomplish what our customer calls “reversals.” These happen when accounting has paid an invoice from an incorrect funding source or an overall mistake has been made in data entry. The end user needs a way to “back out” all of the funds, so that the money returns to the funding source and can be reapplied to another project. We don’t use the out of the box product. Our funding sources are tied directly to the cost codes. Has anyone out there come up with a solution for their own reversals? Travis indicated it does happen to other customers and he hasn’t seen a good way to accomplish it.

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