Void Trust Fund Cheque Payments

Voiding a cheque payment records a damaged cheque so your trust account stays compliant with the requirement to record all cheques. Recording a voided cheque logs the cheque reference and the reason it was voided. With voided cheques recorded, your trust ledger remains complete and audit-ready.

Void a cheque payment

  1. Go to Accounts and select the relevant trust account.
  2. Click New payment.
  3. Under Payment type, select Cheque and add the reference number for the damaged cheque.
  4. Select the Void Cheque checkbox.
  5. Under Reason, enter why you are voiding the cheque.
  6. Click Record transaction.

 

Up next

  • Cancel Transactions: Cancel an incorrectly recorded trust transaction.
  • Release Trust Funds: Return remaining trust funds to your client, pay a third party from trust, or correct funds applied in error.

 

Need more help?

Was this article helpful?
0 out of 0 found this helpful