Vendor payment correction

[Sheryl Williams]

A vendor that is a non-employee checks was processed with the wrong amount which is causing their 1099 to report the incorrect amount The checks was processed as a manual check to record as a direct deposit. Can I void the checks and reissue without it messing up the accounting fund and bank reconciliations.

Sheryl

[NeilZ]

A vendor that is a non-employee checks was processed with the wrong amount which is causing their 1099 to report the incorrect amount The checks was processed as a manual check to record as a direct deposit. Can I void the checks and reissue without it messing up the accounting fund and bank reconciliations.

Sheryl

If the amount is the same, then sure. The only thing it will eventually affect is the 1099-MISC data.

Just use the same date and post it in the same month.

[Sheryl Williams]

Thank you