When entering the beginning information I entered the outstanding checks. Those checks have never cleared so I need to void them and a couple of them were bill pmt so there is no check number. Does anyone know how I can do this?
This is the last item before everything for 2012 has been entered in the system.
I was thinking if there wasn't a way to vold the checks maybe I should Debit the checking and Credit the expense account the original check was posted against.
1) If you haven't clicked on FINISH in your setup wizard, you can go back and edit it.
or
2) Hit RESET ACCOUNTING and start again.
or
3) Go into the reconciliation window and reconcile the check as if it had cleared. Adjust your beginning balance. If the check amount was $100, then do this:
DB 01-1110-000 checking $100
CR 01-3110-000 unrestricted net assets $100
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