To reverse a paycheck

If you havenít already read the Paychecks Overview, see Changing, removing and reversing paychecks for more information.

Warning: Use this procedure only if youíre an advanced user of AccountEdgeUnlike other transactions, reversed paychecks affect a number of important records in your AccountEdge system. If you have a problem with a particular check, we strongly recommend that you remove, not reverse, the paycheck, and then create the paycheck again, if you need to do so.

To remove a paycheck, you first need to make your transactions changeable. See What are changeable and unchangeable transactions? to learn how to do this; then, when youíre ready to learn how to remove the check, see To remove a paycheck.
Note: If youíve upgraded from a previous version of Accounting Plus or MYOB Premier Use the procedure To reverse a paycheck that was recorded using Premier Version 1 or Accounting and Accounting Plus versions previous to Version 9 if you want to reverse a paycheck recorded in an earlier version MYOB software.

The paycheck you want to reverse should be displayed. If you need help doing this, see To find a paycheck.

  1. Choose Reverse Transaction from the Edit menu. A reversing entry will be created.
  2. Click Record to record the reversal.

To reverse a paycheck