How do i reverse a stale dated cheque

A Stale Dated check is offset by a Deposit to a Liability account, so that the Replacement Check pays out that same Liability. The Deposit and the old check clear against each other next reconciliation to Net 0.

How do I offset the HST with the Deposit scenario? It is a closed and report period.

Hi Tanya. Just to make sure we're on the same page, are you also trying to reverse a stale dated cheque using QuickBooks Desktop? 

Yes. Thanks.

Thanks for confirming. I want to make sure you get the expert advice on this. I recommend reaching out to an accounting professional advice on this. If you're not in contact with one, I encourage you to search for one on our website using this link here. Doing this will help prevent any future discrepancies. I'll also leave this question in the Community so other accountant users can chime in and share expert advice. Let me know if you have other questions. I'm here to help.

A payroll check from 2015 & 2016 never deposited. Lost payroll check and employee wants now a reissue in the current period. How do I handle Payroll check from closed period and reissue in current period?

Hi Mgmt1. Thanks for joining the discussion. Based on your question, I think we'll need more information in order to give you the most accurate advice on this. If you issued the original cheque in 2015 & 2016, those accounting periods have been long closed, and it's important that any changes made to your books now won't impact things negatively. Please reach out to our tech support team so an agent can assist you with this one-on-one. I'm confident they'll have you back on track in no time.

Hi can someone please walk me through the clearing of a stale dated chq in QuickBooks 2021 Desktop

Hi Allison54. It's vital you clear the stale dated cheque the best way possible. To ensure accuracy I recommend reaching out to an accounting professional.  If you're not in contact with one I suggest searching for one on our site. I'll leave this question open in the community so other members can chime in and share their advice. Feel free to ask other questions, I'm here to help steer you in the right direction.