Tick the "Account Cancel Feature" to cancel invoice & payment.

When you want to cancel the invoice & payment only then choose the "Cancel Only" option.

We cancel posted invoice.

When you cancel the invoice then the invoice is cancelled and the state is changed to "cancelled".

We cancel validate payment.

When you cancel the payment then the payment is cancelled and the state is changed to "cancelled".

When you want to cancel the invoice & payment and reset to the draft state tick "Cancel and Reset to Draft".

We cancel posted invoice.

Now we cancel invoice so After canceling the invoice is reset to the draft.

We cancel validate payment.

Now we cancel payment so After canceling the payment is reset to the draft.

When you want to cancel & delete the invoice & payment then choose the "Cancel and Delete" option.

We cancel posted invoice.

After the "Cancel" the invoice will be deleted.

We cancel validate payment.

After the "Cancel" the payment will be deleted.

Now we cancel multiple invoices from the tree view.

All selected invoices are cancelled.

Now we "cancel & reset draft" multiple invoices from the tree view.

All selected invoices are cancelled and reset to the draft.

Now we "cancel & delete" multiple invoices from the tree view.

All invoices will be deleted after cancelled.

Now we "cancel & reset draft" multiple payments from the tree view.

All selected payments are cancelled.

Now we "cancel & delete" multiple payments from the tree view.

All payments will be deleted after cancelled.