QuickBooks Payroll Tip – Voiding Paychecks

Payroll Tips
A QuickBooks payroll tip about voiding paychecks - you should be very careful when choosing to void a paycheck because payroll checks have associated tax and other liability calculations and payments that need to be taken into consideration and it will result in changing payroll year-to-date amounts. A common, and acceptable, reason to void a paycheck would be if the employee or someone else in your company notices an error on the check before it is cashed - in this situation voiding the check is acceptable because it will not have a negative impact on payroll liability calculations - because those liabilities have not yet been paid. Be VERY careful about voiding a check if the employee has never picked it up - or it cannot be delivered to the…
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