Note: Once a year is closed, transactions in that year cannot be changed or removed. If the check needs to be reversed, voided, or added back to the bank because it did not clear, do so through a general journal entry.
Section I: Removing outstanding check from report
- If the check was created in closed year using the Write Checks function, then a General Journal Entry will need to be created to reverse entries made to associated G/L accounts with the check
- In order to remove the check from the Outstanding Checks report, pull up the Account Reconciliation and clear out the outstanding check and the general journal entry made to reverse the entries
- Verify that the outstanding check no longer appears on the Outstanding Checks report.
Section II: Restore a backup prior to year-end close
Note: Any data entered after year end close will have to be rekeyed.
- Locate the backup file made prior to the year-end close. Refer to Find backup files on my computer.
- Restore the backup into a new company. Refer to How to restore a backup.
- Delete or void any outstanding checks and then proceed with year-end wizard. Refer to How to run the Year-End Wizard.
- Rekey any data that has been entered since year-end close.
- Open the previous company file to rename the company and determine what transactions need to be entered in the newly restored company file. Refer to How do I change the name of a company?