USA How to handle old outstanding checks


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Recently started at a company that has some unreconciled Accounts Payable checks (outstanding checks...never cashed). The checks are from 2017/2018. I need to void them, but do I put in a credit memo to offset the invoice that will show payable? Obviously, they must have already been paid again or the vendor would have been in contact. If a credit memo - do I code it to other income?
 
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kirby

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AGH told you how to do this last year for credits. Same process for checks. You have to research why they are unpaid. The state will not accept "obviously" as valid support.
 

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