tag:infinitekind.tenderapp.com,2009-01-14:/discussions/general-questions/103046-void-transactionInfinite Kind: Discussion 2020-12-18T21:50:24Ztag:infinitekind.tenderapp.com,2009-01-14:Comment/486425532020-09-18T21:47:18Z2020-09-18T21:47:18ZVoid Transaction<div><p>I'm a fellow user.</p>
<p>Moneydance does not have a facility to void transaction. In double entry accounting you never void a transaction and Moneydance is based on these accounting principles. Rather it you post a transaction and for some reason it never completes you post a reversal entry to the account.</p>
<p>That technique can be used in Moneydance if you want to mimic what happens in the accounting world.</p>
<p>We can however adopt an approach that mimics the action of voiding a transaction but maintain the details of what the transaction would have been if it had completed. To take this approach you need to edit the transaction to make changes along the following lines:</p>
<pre>
<code>• Set the value of the transaction to 0
• To keep details of the transaction on file it is suggested you edit the memo field to include what the value of the transaction would have been.
• To indicate that the transaction has been voided it is a good idea to also add the text VOID to the memo or description field, perhaps as the first word in the Description.</code>
</pre></div>dwg