Reservation List >> Select particular transaction >> Right Click >> Mark NoShow or Cancel>> Add Charge (If required) >> Next >> Take Payment >> Save.

Pre-requisite:
eZee Frontdesk Configuration >> Configuration >> Extra Charge

How to Access:
Please follow below steps to reactive reservation 

Screenshot 1: Mark no show or cancel
Screenshot 2: Add cancellation charges (No Show or Cancel charge should be defined in the system under extra charges)

Screenshot 3:Screenshot 4: Take actions for payment part as well
The reservation is cancelled and also payment is also made.

Video: