Reissuing a lost or Stolen Check from closed period
- First, place a stop payment on the original check at the bank
- Locate the original Bill Payment in QB, make a note in the memo that the original check was lost/stolen and will be re-issued under a different Bill Payment. You can note the new Bill Paytment check number (From step 5 below)
- Create a journal entry in the current period, debiting the same bank account and crediting the expense account of the original bill.
- Reissue a new Bill Payment check in the current period. Record to the same expense account as the original Bill & JE from above. Add the new check number to the memo from the original Bill Payment check in Step #2
- Perform the reconciliation in the new period
- Reconcile the original Bill Payment from the closed period with the JE that was created in Step 3.
- The newly issued current period check (from Step 4) will remain outstanding until cashed.
