See Also Voiding a Check, Edit a Deposit, Payment Recorded in Error Void an NSF
Correcting a transaction posted in error will result in an offsetting transaction being recorded. Every transaction in the set will be voided if one is voided. Therefore if a management fee which was part of a transaction set consisting of a tenant payment for rent and late fees is voided, then the payment and all payoffs are voided.
If the transaction is voided with the Void Date the same as the Posting Date, the transactions voided will not display nor appear on reports and statements. They will however be in the journal as an audit trail. If the Void Date is different from the Posting Date, the offsetting transactions will display in History and will appear on reports and statements.
Receipts
Some transactions cannot be voided. An example is a tenant payment already deposited through the Deposit Reciepts function. You must use the NSF procedure if the check was returned for insufficient funds or you can edit the deposit in Bank Account History or Tenant History to remove the receipt from the deposit slip and void the transaction (see Payment Recorded in Error).
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