In plain English
It marks a payment document as cancelled, so it should not be treated as an active record. The document still has this status, but it is no longer valid.
In context
Here, void indicates that the invoice or receipt record has the canceled, no-longer-valid status.
- Situation
- Understanding invoices, billing statements, balances, due dates, credits, and receipts
- What it communicates
- classifies an invoice or receipt record as canceled
Meaning limits
By itself, this status does not say why the payment document was canceled.
Examples
“The receipt stayed in the file, but it was void and no longer valid.”
“Please attach the void invoice to the customer's record.”