sushiopf.blogg.se - How to record a voided check in quicken for mac

To see this process in action, first verify your Closing Date.

Later in this article, we’ll describe how to manually make the reversing general journal entries when voiding a bill payment check from a closed period. QuickBooks only provides the option to automatically reverse voided checks, not bill payment checks. A bill payment check is similar to a check, but it is actually a different transaction type. If they’re other account types, you’ll have to construct reversing general journal entries on your own.

However, this option to automatically add a reversing general journal entry comes with a big stipulation: the accounts associated with the check must be expense accounts.

sets the cleared flag, Clr When you’ve specified that your books are closed through a given date, in addition to performing the above steps, QuickBooks gives you the option of automatically adding reversing general journal entries so that accounting reports for the closed period are not affected.

adds the text VOID: to the beginning of the Memo.

changes the original amount of the check to 0.00.