Quicken & Other Budget/Accounting Software/Cancelled Cheque



I have closed 2014 accounts.
There is one cancelled cheque issued in December 2014 that need to be reissue in January 2015.

How to cancel the cheque in Dec14 since the accounts has been closed and to reflect the new cheque payment?

Please let me know the entries details, thanks.

To void the check in the general ledger create a journal entry
date: today
debit cash in bank
Credit the expense account that the original ck was posted to

Create a new check  dated today
post to the same expense account as the voided check

Next bank reconciliation
Clear the cancelled check as well as the journal entry
In addtion to the valid transactions that cleared

Linda Saltz CPA
Advanced Certified QuickBooks Advisor
We sell and support QuickBooks Enterprise  

Quicken & Other Budget/Accounting Software

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Linda Saltz, CPA, QBalance.com


QuickBooks best practices, troubleshooting, accounting, tax We have over 70 pages of website content about QuickBooks tips, running a business, tax and business startup at http://www.qbalance.com


Accountant and CPA over 20 years. Specializing in accounting software for over 12 years, Certified QuickBooks Pro Advisor, QuickBooks seminar instructor since 1997.
Producer of www.QBalance.com over 100 pages devoted to QuickBooks help and support and training for small business owners in tax and accounting issues.

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