how do i void and reissue a check in quickbooks desktop

How do you void and reissue a check from a previous year?

To void a check from a closed / prior period: Enter a deposit in the current period for the total amount and post it to principal & interest accounts. Put in the description the Check #s that you are voiding. This puts the amount back in the checking account.

How do you void a check in QuickBooks without affecting prior periods?

Voiding checks without affecting a prior periodFrom the check register, find the check that needs to be voided and select “void check.”Enter a journal entry dated the same date as the original check. ... Enter a journal entry dated in the current period, reversing the entry in b.

What is the suggested method for voiding and reissuing a paycheck in QuickBooks?

Attempt to delete or void the paycheck Go to Payroll, then Employees. Select Paycheck list. Select the paycheck(s) you'd like to delete or void, then select Delete or Void. Select Yes.

What happens when you void a check in QuickBooks desktop?

Voiding changes the amount of the transaction to zero but keeps a record of the transaction in QuickBooks. Deleting removes the transaction entirely in QuickBooks. It also causes the bill(s) paid to return to unpaid status.

Is it better to void or delete a check in QuickBooks?

Only delete a transaction if you're sure you don't need a record of it. For good bookkeeping, it's better to void a transaction, when you can, rather than delete it so you keep a record of the transaction. You can delete all transaction types in QuickBooks, but you can only void certain transaction types.

How do I void an uncashed check in QuickBooks?

1:093:19So let's go ahead and create a deposit for those with those details let's go to banking. Make aMoreSo let's go ahead and create a deposit for those with those details let's go to banking. Make a deposit in this window we want to put the correct information. So the deposit account is company

What is the difference between voiding and deleting a paycheck in QuickBooks?

Voiding changes the amount of the check to zero but keeps a record of the transaction in your books. Deleting on the other hand removes the transaction entirely in QuickBooks. It also causes the bill(s) paid to return to unpaid status.

How do I get a payroll check reissued?

If it is lost or destroyed, the employee should contact his company's accounting or payroll office to get a new check issued. The employer must verify that the check was never cashed, but once that is done, the employer must reissue a check.

How do I void a check in QuickBooks?

Go to Bookkeeping then Transactions then select Expenses (Take me there), or go to Expenses (Take me there). In the Expense Transactions list, locate the check to void. From the Action column, select Void from the View/Edit ▼ dropdown menu. When prompted, select Yes to confirm you want to void the check.

When should you void a check in QuickBooks?

A common reason for voiding checks is to eliminate older, stale-dated, outstanding checks. There are two ways that these checks can be voided when using QuickBooks. However, depending upon which method you use, you may unintentionally alter your financial reports.

How do I void a check in QuickBooks desktop from prior month?

12:0114:15So you're going to make a journal entry just like QuickBooks did as of the same date of the check.MoreSo you're going to make a journal entry just like QuickBooks did as of the same date of the check.

What is the journal entry when you void a check?

If a check was voided in the current month but was written in the previous month and appeared on the previous month's list of outstanding checks, you should write a journal entry to do the following: Debit Cash. Credit the account(s) that was debited when the check was originally recorded.

How do I void a check in QuickBooks desktop from prior month?

12:0114:15So you're going to make a journal entry just like QuickBooks did as of the same date of the check.MoreSo you're going to make a journal entry just like QuickBooks did as of the same date of the check.

How do I void a check in another period in QuickBooks?

Create a reversing Journal entry to void a transactionSelect + New.Select Journal Entry.In the Journal date field, enter the date you want to show the transaction as reversed.Enter the accounts in reverse based on the printed transaction journal. ... Select Save, then close the window.

What is the journal entry for a voided check?

If a check was voided in the current month but was written in the previous month and appeared on the previous month's list of outstanding checks, you should write a journal entry to do the following: Debit Cash. Credit the account(s) that was debited when the check was originally recorded.

How do you void a check in QuickBooks with a journal entry?

Unless you are voiding a check in the same month it was issued, the better way to void a check is to enter a journal entry. The journal entry can be made through the “Company” menu and “Make General Journal Entries.” Use a date after your last bank reconciliation was completed.

What does "voiding" mean in QuickBooks?

Voiding and deleting a check are two different things. Voiding a check means turning the balance to zero while deleting a check means removing the transaction completely from QuickBooks.

How to register a check in QuickBooks?

From your QuickBooks Desktop home page, click on the Banking menu and then select Check Register . You can also click on the Banking menu on top of the screen, and then select Use Register from the drop-down list:

What is the old check number 3047?

As shown below, the old check number 3047 is now check number 3089.

What happens after you select a check from the list?

After selecting the check from the list, your check will appear , as shown below. You’ll notice that the list also includes the outstanding bills owed to the vendor you’re issuing the check to:

Does QuickBooks Desktop generate checks?

QuickBooks Desktop will generate a new check number automatically. Verify this number matches the check in your register, or change the number if needed, and then print the new check:

Can you void a payroll check?

Voiding a payroll check is a bit more complicated than voiding general checks, especially if all payroll tax returns have been filed. Voiding payroll checks can have a significant effect on your books and payroll records. The best way to reissue a payroll check is to not void but to reprint it with a new check number instead. You can then create a new check, assign it the old check number, and void it.

Does QuickBooks Desktop Pro have a discount?

Intuit offers special discounts on its QuickBooks Desktop. You can purchase QuickBooks Desktop Pro, one of our best small business accounting software, with a 33% discount for your first year.

Void a check from the Check page

You can void a check from the Check page, which lets you review the details of the original transaction.

Void a check without opening the transaction

You can void a check from the Expense Transactions list, without opening the transaction.

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Step 1

Find the check in the register that needs to be voided. Take note of which accounts are being affected. Typically, this will affect expense and bank accounts. Make a note within the memo that you “voided” the check and re-issued the check, noting the current period date and new check number, by way of a journal entry.

Step 2

Create a journal entry in the current period, debiting the same bank account and crediting the expense. To create a journal entry in desktop go to Company > Make General Journal Entries . To create a journal entry in online go to the Create icon > under the Other column click Journal Entry.

Step 3

If you need to re-issue a check, write a new check in the current period to the same bank and expense account that you used in the reversing journal entry in Step 2, so it washes in the current period. Make a note in the memo that it is a re-issued check for the original “voided” check.

Step 4

When you perform the next reconciliation, the “voided” outstanding check from the closed period and the journal entry reversing the original check in the current period should both be marked as reconciled. The new check issued in the current period will remain outstanding until cleared.

How to Void a Check in QuickBooks Desktop Pro: Overview

You can void a check in QuickBooks Desktop Pro that you have created, if necessary. To void a check, first open the check to void and display it in the “Write Checks” window. Then select “Edit| Void Check” from the Menu Bar to void the check shown in the “Write Checks” window.

How to Void a Check in QuickBooks Desktop Pro: Instructions

To void a check in QuickBooks Desktop Pro, first open the check to void in the “Write Checks” window.

How to Void a Check in QuickBooks Desktop Pro: Video Lesson

The following video lesson, titled “ Voiding Checks ,” shows you how to void a check in QuickBooks Desktop Pro. This video lesson is from our complete QuickBooks tutorial, named “ Mastering QuickBooks Desktop Pro Made Easy v.2021 .”

What to do if check is in current period?

If the check is in the current period, simply change the amount to zero. Leave everything else alone.

Can you undo a bank reconciliation?

If you answer yes, this will void by zeroing out the amount. If tied to a bank reconciliation, you will need to undo and redo bank reconciliations to make a full correction.

Can you void a check in QuickBooks?

In this case, you can select the “Yes (Recommended). QuickBooks will void the check and enter the appropriate journal entries. If you want to control this step you can follow the steps above “Check in the prior year.”