Sometimes a payment (check or wire transfer) will need to be voided.
To execute this process, simply select Void a Check from the A/P menu.
Enter a GL account and check number. Tabbing out of the check number field will retrieve the check or wire transfer.
When the check or wire transfer is displayed as shown above, simply enter the posting date in which the void should take effect.
Enter a posting date and click "Submit" You will be asked if you are sure you want to void the check.
If you click OK, e·silentpartner voids the check making the appropriate General Ledger entries and adjustments to the Vendor Invoices paid by this check (i.e. the Vendor Invoice period balances will be incremented by the amount paid on this check starting with the fiscal period used to void the check) and you will receive a message that the check was voided successfully.
A duplicate of the original check is created with a credit amount for the fiscal period in which the void was executed. Both the original and the void check are marked as canceled as of the date set as Use Posting Date.