1 Reply Latest reply on Nov 1, 2006 5:47 PM by Gregory Utley

    cancel checks in a previous year

    Matt Peterson

      Trying to cancel checks that are in a previous year.  After I go through the process it appears that the check is cancelled. But it is not, does not give a message and there is no A/P put back out on vendor account.

        • 1. RE: cancel checks in a previous year
          Gregory Utley

          Matt,

          I think that it would not be good accounting practice to close a check in a prior year. What we have done is either (1) Issue a replacement check manually and not enter it in the system again, or (2) Make a journal entry against the BP and Checking Account to reverse the postings the check did. As far as what B1 seems to be doing but not doing, I don't know.

          Bev