How to cancel a posted transfer entry

 
To allow canceling a posted Transfer Entries in Axanta, you need to enable the below highlighted in Red option on the Journal setup.
 
 
Note: the cancellation of Journal Entries are subject to the above setup corresponding to the Journal associate with the Journal Entry.
 
How to cancel a posted transfer entry
 
1
Journal Setup
1. Journal Setup
In a Transfer Entry there are two Journals used as highlighted in the screenshot. Ensure that both the Journals are allowed to cancel entries as explained above.
2
Button: Cancel
2. Button: Cancel
Click Cancel button to cancel the entry.