Back to Payroll Basics - Replacing QuickBooks Payroll Checks

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RE:Back to Payroll Basics - Replacing QuickBooks Payroll Checks

I just saw this as I was researching some QB payroll questions. What do I do if I did void a paycheck and replaced it already?

Michelle Mendelson 337 days ago

Repeat after me.....

"Now I lay me down to sleep...."; (No, just joking with ya.) Several things can affect the possible outcome; the year/version of QuickBooks you are using, the payroll level (basic, enhanced, assisted, full-service, etc.), and the various deductions and/or additions that might be associated with the paycheck you voided.

You just need to track the YTD totals very carefully to insure that they remain in balance with the appropriate deduction control values (tax tables, withholding %, annual maximums, etc.). You can run the 'payroll check-up' feature within QuickBooks to also help you check, and also the Verify utility. The process described was a work around that many still use and teach because it gets around 'any possibility' that the program fails to make the corrections and re-computations. We started using the work-around back when QB frequently 'messed-up' in such computations, and we just never stopped using or teaching this method even though QB and QB-Payroll (especially 'Enhanced Payroll') has had improvements in this area.

Murph

insightfulaccountant.com 335 days ago

Funny, I just got asked by a client how to

replace a lost payroll or other vendor check.

Keith Gormezano more than 1 year ago

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