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I've got you covered, Taraka Vankadara.
You can remove this paid watermark by reverting the status of the invoice as unpaid.
Here's how to revert the status as unpaid:
Additionally, I've added this article that'll help you on how to void payments: Void or refund customer payments in QuickBooks Online.
I'm always here if you need further assistance with managing invoices. Have a wonderful week.
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