Voided Check Creates Account Payable Balance

Apr 22, 2005 1 Replies

Hi all,



I wrote a commission check to a sales rep in October 2003. Some sales reps take awhile to cash their checks so I let it go for months and months, always noticing it was uncashed whenever I reconciled the checking account.



I decided to void it in September 2004 (11 months, I don't think it will be cashed!) Now I show a balance of $8.40 for this vendor on my accounts payable aging report.



How do I clean this up?



Issue a Vendor credit memo. Just selecting the open invoice in the drop down menu labeled: "Apply to Invoice no".

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