Voiding a check from previous fiscal year

Kerry Andrasick

Hi - I'm very new to Financial Edge NXT and was wondering if there are any best practices re: voiding a check from a previous fiscal year (have only done this in QB). Would anyone mind sharing their steps for this so that it doesn't impact the previous year's reporting? (I'm asking because we've noticed some reporting issues so we just wanted to confirm). Thank you!

Kevin Brazell

@Kerry Andrasick
Confirming the reversal post date, is it going back to the previous year / period , or are you putting it in a current period. If the previous period is soft close or hard closed you can get the following error : Error: The reversal Post date must be in an open fiscal period . From a reporting / reconciliation standpoint, backdating depending on if you've reconciled a period or not technically changes the data from when you did the reconciliation. I would check with your auditor if they want you to backdate it , or place the reversal in a current period.

Kerry Andrasick

@Kevin Brazell Great - thank you!