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Voiding deposits

Important! Best practices in accounting require that you do not void transactions that have been processed by the bank. Therefore, it is not possible to void transactions with a status of 2-Cleared.

To void a deposit:

Open 1-3 Journal Transactions.
Using the data control, select the record of the deposit (Trans#) you want to void.
Verify that the Status is 1-Open.
If necessary, in the Status drop-down list, change the status to 1-Open.
On the Edit menu, click Void Transaction.

Tip: After voiding all payments made to an invoice, you can void the invoice itself.