Kolleno does not delete invoices. In other terms, the invoices deleted in NetSuite will remain in Kolleno but the status will change to CLOSED.
That said, we recommend that instead you close or void the invoice in NetSuite rather than delete it.
In addition to technical limitations from NetSuite to notify Kolleno of deleted invoices, deleting an invoice is generally considered bad accounting practice for several reasons:
Record Integrity: An invoice is an official record of a transaction. Deleting it can compromise the integrity of financial records.
Audit Trails: Accounting requires a clear audit trail. Deleting invoices disrupts this, making it difficult to trace transactions.
Regulatory Compliance: Many jurisdictions require businesses to maintain accurate financial records for a specified period. Deleting invoices can lead to non-compliance with these regulations.
Fraud Risk: Deleting invoices can be a sign of fraudulent activity or an attempt to hide errors or mismanagement.
Inaccurate Financial Reporting: Removing invoices can lead to inaccurate financial statements, affecting budgeting, forecasting, and business decision-making.