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Teddyb
Level 1

How do I void and reissue a check that a vendor lost?

I created a bill, paid the bill & printed the check, but the check never was cashed, the vendor lost it. I want to write them a new check, to pay the old bill.
1 Comment 1
Rustler
Level 15

How do I void and reissue a check that a vendor lost?

Do NOT void the check

 

create an expense account called clearing if you do not already have one

enter a deposit in the bank in the amount of the lost check, note in the memo block that it is to replace the lost check # dated xx and use the clearing expense account as the source account for the deposit

 

then write the replacement check and use that same clearing expense account as the expense for the check.

 

 

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