Hi All,
We have Auto-Cancel Unpaid Orders extension. These are functions of the extention:
Overview
With this extension you can configure an automated cancellation period for each payment method, returning products into stock.
Backend features
- Allow cancel unpaid (pending, processing) orders automatically
- Allow select action Order Creation Time or Order Last Updated time
- Return products back into stock (depends on your Magento settings > System > Configuration > Inventory)
- Allow set a custom auto-cancel status (to filter the order grid), or use default
- Allow specify rules for each payment method, and for each order status individually
- Note:
+ depends on a working cron schedule;
+ does not cancel invoiced orders
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