How To Void A Check In Quickbooks From A Prior Year. That is the reversing entry, not in. Quickbooks will void the check and enter the appropriate journal entries.
1.) from the check register, find the check you want to void. To avoid changing information presented in prior period financial statements, you can make the following entries into quickbooks: If the voided check was only associated with.
If the check will be reissued:
Voiding prior period checks will alter cash and expense accounts for a closed period and change reconciled balances. When you need to void a check there are several things to consider. This will create what looks like both a deposit and a check in your checking account, for a net 0.00 impact. When you attempt to void a check dated in a closed period, quickbooks warns you that it could affect the accuracy of your prior period reports and account balances.