How to Reissue a Check in QuickBooks – Ask Accountings

QuickBooks is the most widely used small company accounting software for managing sales and spending as well as monitoring financial health. You may invoice customers, pay invoices, produce reports, and prepare taxes. QuickBooks offers a variety of solutions to meet various company needs, including QuickBooks Online, QuickBooks Desktop, QuickBooks Payroll, and QuickBooks Time.

In several circumstances, the user must avoid and reissue a check in QuickBooks accounting software. In the event of damaged checks, the customer may simply print another check; if the user has lost the check, the method for creating it is surprisingly similar. different and then just generate a new check, so if you’re having the same problem, here’s how to void and reissue a check in QuickBooks.

What does reissuing a check mean in QuickBooks

If a check is lost or damaged to the extent that it can no longer be deposited, it should be reprinted. A reissued check will have a different check number than the original check.

Steps to Void  a Check in QuickBooks

• Go to the Costs menu.
• Under the Expense tab, select Filter.
• Choose “Check” in the Type column.
• Choose the date range when the cheque was received and click Apply.
• The check screen will be displayed when you click it.
• Choose Void from the pop-up menu after selecting More.
• To confirm that you wish to nullify the check, press Yes.
• After that, you may begin reissuing the missing vendor check by rebuilding it.

3 simple steps to reissue a check in QuickBooks

• Locate the Bill Payment inside the Vendor that has to be re-issued. The impacted account or things should be noted, and a journal entry should be made using that account. Make a note of the original Bill Payment in the memo, and then re-issue the check with the current period date and new check number by way of a journal entry.
•  In the current period, make a journal entry debiting the same bank account and crediting the cost. To create a journal entry on your desktop, select Company > Create General Diary Entries. To make an online journal entry, navigate to the Create icon > Other columns> Journal Entry. The journal entry will reverse the current period’s action. We advise utilizing a wash account (rather than the expense account) for the journal entry and reissued check when the Bill Payment refers to a 1099 vendor. Using a wash account avoids the amount paid to the 1099 vendor in the current period from being inflated.
• The outstanding Bill Payment from the closed period and the journal item reversing the initial Bill Payment in the current period should both be recognized as reconciled when you execute the subsequent reconciliation. The fresh check issued within the current time will be held until cleared.

It is not advised to invalidate a Bill Payment during a closed time. If a Bill Payment was used to buy inventory, it may pose problems.

While using QuickBooks to pay bills, clients, and colleagues, you may make mistakes such as putting the wrong amount on a check or sending a check to the wrong individual. In such instances, you can use QuickBooks to cancel a check before completing the transaction. The voided check remains in the application’s register, but the amount of the check is changed to zero. The check number, payee, and date are also recorded in the register as a record of the canceled transaction.

How to void and reissue  a check in QuickBooks

Users who have misplaced the check must rebuild it. In each of these cases, the procedure is markedly different from just writing a fresh check. Therefore, if you’re having trouble, here’s how to cancel and reissue a check in QuickBooks.

• You can reproduce a voided check by copying it. Here’s how to go about it.
• Tick the box after clicking + New.
• From the dropdown menu, select Payee.
• Creating a Check in QuickBooks
• Choose “Banking,” then “Use Register.” Click on the account the cheque was written from.
•  Choose the check number/entry you wish to invalidate by clicking on it.
•  Choose “Edit,” then “Void Check.” When provided with a dialogue asking if you wish to nullify the check in the current period, select “Yes.” This enters the date you are voiding the check into your company’s logbook and adjusts the check’s amount to zero. If you just want to cancel the check, select “No.”, and reduce the amount of the check to zero. Instead, if you only want to nullify the check using the date it was written, select “No.” This does not alter your company’s log, but it does indicate that the check has been invalidated.
• To complete the void, click “Record.”

With QuickBooks, how do you reissue a voided check?

• You can reproduce a voided check by copying it. Here’s how to go about it.
• Tick the box after clicking + New.
• From the dropdown menu, select Payee.
• Choose the bank account from the dropdown menu.
• Fill in the checkboxes with the essential information.
• Choose Print if you want to print the check right now, or Print Later if you want to print it later.
• Click Save and close or Save and new to start a new check to close the check window.
• The save option not only puts the check in your bank record but also sends it to the bank.

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