I recognize that voiding your check on its specific day is important for the seamless operation of your business, AROSSI88. I'm here to help you through the process so that you can successfully resolve this issue.
Since QuickBooks Online automatically adds the net income from the previous fiscal year to your Balance Sheet as Retained Earnings when you close your books, the transactions from the previous accounting period are off-limits and cannot be edited without a warning. This is done to prevent any unexpected changes without proper notice that can affect your books.
Therefore, it would be best to create a Journal Entry (JE) to make the necessary adjustments allowing you to track the changes accurately using the Exceptions to Closing Date report.
Here's how to do this:
1. Run the Journal report for reference and filter to the previously closed accounting period.
2. Create a reversing Journal entry to void the transaction.
3. Manually clear the transaction on the register. Refer to Step 2 of this article for the detailed steps: Modify transactions from reconciliations in QuickBooks Online.
Furthermore, as you go through the steps, I'd recommend collaborating with your accountant to guide you accurately.
Additionally, you can check out this reference to learn how to record and track your voided checks in QuickBooks: Record voided checks in QuickBooks Online.
Keep me posted by leaving a reply to this thread if you have more questions or concerns about managing your checks in QuickBooks. I'll get back to you as soon as possible
