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Voiding check in month that is closed
Posted: Tue Dec 05, 2006 2:58 pm
by Mt Olive Church
I issued a check for AP in September. The lady that received the check sent it back to me at the end of November with VOID written across it. Since September is closed, how will it effect that month if I void the check now? I would appreciate any help!
Posted: Tue Dec 05, 2006 4:39 pm
by Zorak
Voiding the check in November will throw off November's income or expense numbers for whatever account the check affected.
The key to keeping this type of situation from happening is to take advantage of version 9's ability to have up to 12 accounting months open at a time. Version 10 has upped that to 18 months open.