Purchases

To handle a stop payment (Spend Money window)

The payment that was stopped should be displayed. [To find a transaction (Registers)]

1. Reverse the payment. (To reverse a transaction)



2. If you need to record a service charge for the stopped payment, you can use the Bank Entry feature when you reconcile your bank account (To record bank service charges and interest earned), or you can create a Spend Money transaction for the amount of the charge. [To spend money (Spend Money window)]

You may want to consult your accountant to determine the account you should use on the transaction to track the stopped payment charge.

Related topics

• Spending Money
• Reversing transactions