Transaction Versions are used to uniquely identify each version of a transaction. Certain transaction types can be modified or cancelled even after final acceptance. When these actions are not possible for a transaction type, please consult the appropriate functional area user guide for steps that need to be taken to get the updates necessary. When an accepted transaction is modified or cancelled, a new version of the transaction is created to allow the existing version of the transaction to remain in force while the subsequent version progresses through the Draft, Pending, and Final phases.
The version number is a sequential number that is initially set to one and incremented when a new version of the same transaction is created. After the initial transaction has been accepted into the system and reaches the Final phase, any attempts you make to change it results in the system creating a version two, and so forth. All versions of the transaction appear in the Transaction Catalog and in the transaction's history.