Voiding a Bank Deposit

If a Bank Deposit has already been Released and requires correction, follow the steps below to void the deposit. Voiding the Bank Deposit will reverse the effects of the original transaction, including any associated journal entries.

1. Locate the original Bank Deposit. Banking > Bank Deposits  
2. Void the Bank Deposit.
   a.    Open the original Released Bank Deposit transaction.
   b.    Click the VOID button.
   •    This will automatically generate and open a new Transaction of type “CA Void Deposit.”

3. Click on REMOVE HOLD

4. Click on RELEASE
   a.    The original transaction is now reversed, and all Payments that were included in the original deposit are once again available to be selected in a new Bank Deposit.
   b.    The original Bank Deposit will have a status of “Voided”.
   c.    Refer to the Additional Information section below for tips on how to easily verify the void and view the results.

Additional Information: Viewing Voided Bank Deposits

To easily review all Voided Bank Deposits and verify your work, you can create and save a custom filter:

In Filter Settings:

1. Add a Row as shown below including Brackets, Property, Condition, Value & Operator.
2. Add a second Row as shown below including Property, Condition, Value & Brackets.
3. Save the Filter.
4. Add a Filter Name.
5. Click OK.
6. Click APPLY.

Users should now see a Filter that can be used to see all Voided Deposit activity.

NOTES

• Voiding does not delete the original deposit-it keeps a record for audit purposes.
• If a deposit has already been reconciled, it must first be unreconciled in the Reconciliation screen.