If users need to cancel out a cheque, a valid reason should be provided and approved. Cancelling a cheque only changes the amount of the transaction to zero, but still keeps a record of the transaction within the system.
From the Cheque Menu, choose Edit Cheque sub menu.
Or
Select the 'C-Edit' from the quick menu
Users have two options to locate the record of the cheque to be cancelled: Search by Bank Account, by Payee, Cheque No Range and/or Issued Date Range.
Put the tick once on the record to be cancelled and put the tick on the cancel check box.
Press enter Button
Click Yes for confirmation.
Now users will see Status are changed to "CANCEL" , Amount become "0" and the Tick mark have been remaining in the check box.
