[A] In order to cancel the payment entry, go to the "Payment" module, Select category as "Payments/Receipts", Select type as "Payment Made" as shown below.
[B] Now search and click on the voucher number of the payment entry which needs to be canceled.
[C] Now click on "OTHER ACTIONS" and select "Cancel" to cancel the entry of Payments.
[D] You can refer to the below steps to cancel the Payment Receipts.
[E] To cancel payment receipts entries, go to the "Payment" module, select category as "Payments/Receipts", select Type as "Payments Received".
[F] Further, steps B and C can be followed in a similar way to cancel the payment receipt.
Keywords - How to cancel Payment, How to cancel Receipt.