To reverse a paycheck

If you haven't already read the Paychecks Overview, see Changing, removing and reversing paychecks for more information.

Warning: Use this procedure only if you're an advanced user of AccountEdge

Unlike other transactions, reversed paychecks affect a number of important records in your AccountEdge system. If you have a problem with a particular check, we strongly recommend that you remove, not reverse, the paycheck, and then create the paycheck again, if you need to do so.

To remove a paycheck, you first need to make your transactions changeable. See What are changeable and unchangeable transactions? to learn how to do this; then, when you're ready to learn how to remove the check, see To remove a paycheck.

The paycheck you want to reverse should be displayed. If you need help doing this, see To find a paycheck.

  1. Choose Reverse Transaction from the Edit menu. A reversing entry will be created.
  2. Click Record to record the reversal.

To reverse a paycheck