Tweet

How to Void a Check

Written by: Zeeman Haus

Article Overview: It's a good idea to be cautious with your checks at all times, this includes voided checks. Maybe writing "void" on the front and back 25 times, shredding, then burning the confetti you just made and burying the ashes in the outback with only a small hand written map to find your way home isn't the most optimum way to go about disposing of them though. Voiding a check is necessary from time to time. By definition voiding a check is not the same as a "stop payment" on a check. Voided checks are often used when setting up a direct deposit for an employee or as proof of a bank account. Still properly knowing how to voice a check is important in business as getting it wrong will mean basically handing a blank check over someone else.

How to Void a Check

It's a good idea to be cautious with your checks at all times, this includes voided checks. Maybe writing "void" on the front and back 25 times, shredding, then burning the confetti you just made and burying the ashes in the outback with only a small hand written map to find your way home isn't the most optimum way to go about disposing of them though.

Voiding a check is necessary from time to time. By definition voiding a check is not the same as a "stop payment" on a check. Voided checks are often used when setting up a direct deposit for an employee or as proof of a bank account. Still properly knowing how to voice a check is important in business as getting it wrong will mean basically handing a blank check over someone else.

The first thing to remember is to use an ink pen. Use a pen that is not erasable. An indelible felt marker can be used, but a standard felt tip marker will probably not work well. The reason for this is that in addition to marking the check you want to leave an impression in the paper.

Where to put your "void" message is kind of important as well. Make sure it crosses the "payee" line on your check, or cheque if you write in the Queen's own. It is advised that you do the same on the front and back signature line and in the amount box. If that seems over-excessive, it might be, but it beats any future hassle. This is for a blank check. For a check that's already been filled out, just big bold letters across the front and back written at an angle works just fine.

Keeping your voided checks is a pretty important thing to get into the habit of keeping your voided checks. Thing about all the times you write a check and it gets scanned into the register. Sometimes, though rare, the register will eat your check or even reject it but keep the number anyway. Later when you reconcile your account, you discover an amount missing. This literally is a one in a million shot, but has happened in older check validation systems. Also, account for and shred your checks all at once. Tearing up in not shredding either. Use a shredder.

If someone can get your routing number and account number off even a voided check, there is always the possibility of them writing an e-check using your account. There are some websites and institutions that really don't care where they get funds from. Treating even voided checks as if they were worth some money is a good idea- because realistically they are.

Treating your voided checks like money and accounting for every single one when you do your account reconciliation will also keep you from making the classic mistake of "where did that check go." In some cases it could even save a marriage. Voiding checks, luckily, is not something many of us have to do on any regular basis.

Related Articles
  QuickBooks - How to Properly Void a Check
  Leadership Assessment #4 – Lack of Fear
  What\'s Your Void-Factor?
  QuickBooks - How To Reprint Checks That Jammed In The Printer
  Profiles in Branding

Article Tags: blank check, checks, direct deposit, how to void a check
Referred by: http://7inchlcdtv.com/



Related Forum Posts
Re: How can you distinguish real from fake opportunities? - Check with the internet BBB for starters.
Re: Life on the go! - Hi CMorris, We are glad you're here. We also have a lot of useful information on this forum. Check it out by searching from the main page. If there's something you don't find you can always start a new strand.
Re: hello from newbie! - Hello, Julius: Welcome to the forum. Check in often, post comments and questions, and offer your ideas and experiences so we can get to know you ... and you WILL make lots of friends here! GT :-]
Quality Member - Hi there, I just like compliment my previous post, where I ommitted the 'Subject' title. Check it out. An additional question: What do you think attracts the members to this Forum? Kindest Regards Beat
Re: How to Get Your Business Funded - Check out fundsandloans.com they provide advice underwriting services, and business plan packaging for investment for final presentation to Private Investors


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.

Tweet

Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!

Name:
Email:

Popular Articles

Live To Work Or Work To Live?

The True Cost of Employee Turnover

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.