Occasionally, you'll find it necessary to make a change to a paycheck you've already recorded. Unlike most other types of transactions in MYOB AccountEdge, once a paycheck is recorded, you can't directly change it. However, you can change a paycheck if you delete or reverse the entire paycheck and then write a new paycheck that contains the information you want.
There may be times when you simply want to delete a paycheck. When this is the case, you can quickly remove the effects of such a transaction from your records. When you delete a recurring paycheck, the paycheck is removed from your list of recurring paychecks only. Any transactions you recorded using a recurring paycheck you delete won't be affected.
An important point to consider is if the paycheck is changeable or unchangeable. If the transaction is changeable, you can delete the check altogether from your ledger.
Unchangeable transactions work differently. By reversing an unchangeable paycheck, the effects of the original will no longer be part of your ledger; however, a record of the reversed check, called a reversing transaction, will remain. Then, if you want, you can enter a new, correct transaction to replace the one you reversed. See What are changeable and unchangeable transactions? for more information.
Step by step