Reversal of Bill/Payables in following periods.
Zoho is flawed as it does not allow you to clear errors in bills that extend into another fiscal period where the prior one was closed and taxes remitted. The system only allows you to delete or void a bill that should not be there for whatever reasons. Being a new period either method is not appropriate as it will change the past fiscal period numbers that have already been filed. The correct way is to prepare a journal entry against that Bill in the current period and then clear the balance from the Payables report. Zoho does not provide any way of clearing this Payable balance and is stuck there forever or have to screw up prior periods. All other accounting software allows for this, but according to Zoho support there are no ways of doing this.
Corrado Licini commented
Unfortunately this was not so much as an idea but more of something that needs to be corrected by Zoho ASAP.