how to reverse a voided check in quickbooks 2018 desktop

Create the following cash-based entries in General Journal.

Deposit transaction that moved retainer and invoice payment into the checking accountġ.A/P transaction for check written to pay vendor bill.A/R transaction for invoice created and retainer applied to it.A/P transaction for vendor bill created.Here is a summary of the transactions that you made: Use a method for the above that does not void any A/R or A/P transactions.Reverse the application of the retainer on the A/R invoice without having an incorrect amount show up under the client's transactions.Reverse the A/R and A/P side of the vendor bill transaction in CORE.However, the vendor returns the A/P check. As this was done in a previous or closed accounting period on a cash basis, you now want to do the following: You have deposited the retainer payment from the client along with the payment for the invoice.

Next, you pay the vendor bill (A/P check).

These expense entries associated with the vendor bill are approved. Other charges along with these expenses are billed and the retainer is applied on it in the Invoices screen. Suppose you create a client retainer in CORE and then a vendor bill for some related expenses, which shows up in the Expense Entries screen.

How to reverse a voided check in quickbooks 2018 desktop