QB Issue Resolution:

It makes your payment zero and makes the bill active again. Try it and don’t save and close, click revert to put it back.

Resolution for Issue 'When I view a bill payment I see a “clear payment” button. What does That do?' available: Yes (Solved).
Source: Intuit Community forum.

When I view a bill payment I see a “clear payment” button. What does That do?: this issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the issue yourself by looking for a resolution described below. If it is a complex issue or you are unable to solve the issue, you may contact us by clicking here or by using other support options.

Support for clear payment button
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Error Recovery for clear payment button [Canada]
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