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In this document we will discuss how to void checks/payments within the Office product. Void Checks allows the user to void any checks entered in error, or lost and needing reissued. The tool also enables users to void electronic payments. Use Case(s) A Vendor called indicating they did not receive payment from the Club. The Club reviews their records and determines that they had sent a check three weeks ago. The Club verifies that the check has not cleared their bank, and then proceeds to void the check. Depending on the amount of the check (>$25), the Club also contacts their bank and issues a stop payment on the check to prevent the check from being cashed in the future. Once Once successfully voided, the Club re-issues a new check to the Vendor. |
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1) Enter the below information:
(1) Select the bank account the check was posted to.
(2) Select the date for the void (date to post to GL).
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