void check

Bill's Avatar

Bill

09 Jun, 2020 11:43 AM

How do you void a check within the checking acct. I would like to void and not delete

  1. 1 Posted by dwg on 09 Jun, 2020 12:06 PM

    dwg's Avatar

    I'm a fellow user.

    There is no void function so you can either take the easy way or take the accounting way.

    The easy way is to note the amount the cheque was for as part of the description or memo fields and change the value to 0.

    The accounting way is to enter another transaction for the same amount excepting making it a deposit. Thus cancelling out the value i.e. a reversal entry.

  2. 2 Posted by William Lisowsk... on 09 Jun, 2020 12:37 PM

    William Lisowski's Avatar

    Thank You, but I wish they had the void function

  3. System closed this discussion on 08 Sep, 2020 12:40 PM.

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