The purpose of the CancelReceiveable is to transmit data to create a receivable open item in a receivable application from the billing information generated in an order management application. The CancelReceiveable may also update the General Ledger, depending on the specific architecture of the accounting application.

The scope of the CancelReceiveable is to create a BOD to recognize customer obligation (accounts receivable asset). Specific transactions include:

1. Sales Invoice
2. Credit Memo
3. Debit Memo
4. Charge Back

The CancelReceiveable may also be used for transaction that do not originate from an order management application.

The following two models illustrate that the CancelReceiveable may, in some cases, be adequate to update the financial applications, i.e., Receivables and General Ledger, and in other cases, will also require the CancelJournal Business Object Document (BOD) to assure the General Ledger account balances are updated.