Old check to employee on Accounts Payable Aging

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Posted on by addision1

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I have an old check from a previous closed year that was written from the operating checking account to an employee. The check should have been from the payroll checking account but was not.

The check shows on the aging. What should I do to remove this from the aging in the current year?

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addision1 323 on at

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RE: Old check to employee on Accounts Payable Aging

But this is for a previous period. Won't that affect the cash on the financial statements and be against accounting guidelines?
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npanchal on at

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RE: Old check to employee on Accounts Payable Aging

You can Void the check if entry posted is incorrect.