How to record voided check?

1

We have written a check and it has been outstanding and now we want to record it as void?

2

There are multiple ways you could manage this—I think the best way for record keeping would be to change the amount to 0.00 then add any notes you want to retain, like Void status and maybe original value, in the comments. You could also add a Credit transaction for the same amount, although that won’t correlate with your bank’s records. Finally, you could just delete the transaction entirely but then you wouldn’t have any record of it later, if that’s important.
Hope that helps!

3

Tiffany,

That is great advice. Exactly what I was trying to figure out how to do.

Thanks so much.

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