SIGN IT - When should CANCELLATION be used?

The operation type CANCELLATION is used when a commercial document needs to be invalidated. 

This applies in cases such as an incorrect amount or number of items, a duplicate issuance, or any other error identified after the commercial document has been created.

The incorrect record must be cancelled as a whole; individual entries cannot be cancelled independently.

To issue a CANCELLATION document in SIGN IT: 

1. create a Record of type INTENTION, followed by a
2. Record of type TRANSACTION with operation type CANCELLATION. 
   Here, you must reference both the ID of the INTENTION created in step 1 and the ID of the original TRANSACTION you want to cancel.

{
    "content": {
        "type": "TRANSACTION",
        "record": {
            "id": "{{recordIntentionIdB1}}"  
        },
        "operation": {
            "type": "CANCELLATION",
	        "record": {
	            "id": "{{recordTransactionIdB0}}" 
	        }
        }
    }
}

Although no formal legal deadline exists for cancelling a transaction, it is advisable to do so as promptly as possible.

A CANCELLATION differs from a CORRECTION, which is used for returns. Not sure which one to use? Check out our article:  How to handle returns (CORRECTION)