How To Void A Check In Quickbooks
There are many reasons that you might want to void a check in quickbooks, so we’ve compiled a few solutions for various situations where you want to void a check in quickbooks below.
How to record voided checks in quickbooks for current period
In order to void a check in quickbooks you need to find the check in your bank register and void the check. You do this by
going to accounting
selecting chart of accounts and finding your bank account number
Next choose register
Next locate the check number of the check that you want void. Click edit.
Next click more and then Void. Click Yes to confirm that you want to void the check.
You have to be mindful that this might throw off a reconciliation if this check was already included in a bank reconciliation.
How to void a check not recorded in quickbooks
To void a check not recorded in quickbooks, you need to create the check in quickbooks and then void it.
Select New. Then under vendors, you need to select check. Complete the required fields (Bank account, check#, payment date, and account). After you complete that, select more and then void. Then select yes when it asks to confirm that you want to record that transaction.
How to unvoid a check in quickbooks
In order to unvoid a check in quickbooks, you essentially have to record the original transaction again.
ou must first locate the voided transaction. After you open up the voided transaction, you should then select more on the page of the transaction. Select audit history and show all for the transaction details. You then have to reenter the transaction in the bank register the same the original transaction was recorded.
Voiding checks in quickbooks from a closed period
You don’t want to actually void a check from a closed period because it could throw off reconciliations and information from the prior period. Some of this prior period data might also tie to the prior year tax returns. Instead you should record a journal entry for the current year. You should create a debit to the bank account where the check was drawn and a credit to whatever expense account you hit for the original transaction. You should also create another check if you have to reissue the check for the current period.