If the details of a liability payment were processed incorrectly, you can void the payment. The original transaction will receive a “void” indicator (visible on a transactions report) and a second transaction will be added, reversing the debits and credits of the original payment.
To void a payroll liability payment:
- Go to Financials Main > Payroll > Payroll Runs
- Use the down arrow to reveal and select Liabilities
- Click History next to a liability payment
- Use the down arrow on a payment to reveal and select Void
- Void
The status of the liability will be reset and the balance will increase by the voided amount. To finish the payroll, go back to the Liabilities page, where you can choose to Pay Liability again or Skip it.
If you need to repay the liability with a different amount, check the “Custom Payment” box. This will allow you change the amount paid into each liability account.