Voidiing a cheque (check.)

[Robert C. Ramsdell III]

If the check comes back un-cashed (or is never sent), then just delete it 
from the account, all matching transactions in other accounts are deleted as 
well.  If the check was ever deposited then refunded (e.g. if it shows up on 
a statement), then a matching transaction reversing the order of money flow 
is appropriate to show gnucash transactions matching your statement.

Robert

On Wednesday 14 July 2004 05:36 pm, Doug Laidlaw wrote:
> I have had to cancel two cheques recently.   With Quicken, there is a
> button to "void" it. That is probably not correct double-entry procedure,
> but I am running a personal account, not a business one.  The first one I
> tore up before I sent it, so I just omitted it from the books.  The second
> one came back, and I "doctored" the entry to look like a Quicken "void."
>
> What is the correct procedure?  A journal entry reversing the cheque,
> perhaps?
>
> Doug.