Double click on the entry to view the check. Find the check to be voided either in the register or on a QuickBooks report.
HOW TO REVERSE A VOIDED CHECK IN QUICKBOOKS 2018 DESKTOP HOW TO
Here’s how to void a check from a prior period correctly. The result? Besides voiding the checks, the previously-issued financial statements are incorrect - as is the completed tax return. Then, something is done about the old checks that won’t clear the bank and have been listed as outstanding on the bank reconciliations for a year (the checks in QuickBooks that were voided). Assume that the company’s bookkeeping was complete, financial statements were given to the bank, and a tax return filed. Why? When the QuickBooks menu item for voiding a transaction is used, the transaction amount is changed to zero, but it keeps its original date. This is a more common situation, and a task that must be handled with more care. If you take QuickBooks classes, it’s likely that someone will ask how to void a check from a previous period. Since the check was originally written in the current period, prior account balances are not affected. Then save and close to record the transaction. It might be a good idea to add a note of explanation in the memo field of the check. Then, from the edit menu, choose Void Check. Locate the check the check register or on any report. Voiding a check in the current period causes few issues. Doing it correctly is not as easy as you might think. Many QuickBooks training courses will cover this, and it is the topic of many questions from QuickBooks users.
It makes accountants go prematurely gray.
This is an issue in QuickBooks that seems to generate more headaches than almost any other. …without paying your accountant to fix what you’ve done wrong.