This QuickTips video deals with voiding versus deleting your checks.
While I am using QuickBooks 2013 this will work on any version. You
want to void or delete your check to make sure your books are current
and reflecting your correct balance. When you void
a check QuickBooks will edit the check by changing the dollar amount
and adding the word "Void" on the memo line. Voiding a check allows you
to keep a record of it. When you delete a check QuickBooks will remove
the check completely. Remember, 9 times out
of 10 you will want to void a check to keep a record for your CPA.
QuickTips from the Video:
If you want to get hands on training about QuickBooks attend Gregg
Bossen's seminars 9/10 in Portland, OR or 9/11 in Seattle, WA. Register
Very good video about important topic.
As someone who's been through three nonprofit audits, I can say voiding checks in Quickbooks is definitely important! The digital record should reflect the paper record.
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