QUESTION: 

How do you Void / Reverse a Check for Wrong Amount Journal Entry? 

 

If a Check for Wrong Amount journal entry was posted incorrectly and needs to be effectively “voided”, you will need to make a reversing journal entry. 

 

Note:   The Check must NOT have been reconciled during a previous reconciliation OR checked off while performing a current reconciliation. 

 

PROCESS: 

From JE’s > Edits > Check for Wrong Amount 

 

If this was the Original Check for Wrong Amount Journal Entry you posted:  

 

 

 This is the REVERSING journal entry you would need to post: 

 

 

On the reversing Check for Wrong Amount JE: 

 

  • The Transaction Date should be the same date as the original JE (as long as the original date is not in a reconciled month). 

 

  • For the Account - select the same Account on the original JE. 

 

  • For the New Amount – enter what was the Old Amount on the original JE. 

 

  • The Reference should be ““Reversing JE # < ####> “

 

This is what the reversing JE Proof Sheet would look like for this example: