Voiding Check in Current Period; QB Seeing it as Prior Period
Client is running 2012 Pro. Closing Date set to 12/31/2011.
Whenever he tries to void a check in the current period, he gets the popup window "To maintain the accuracy of your financial reports and balance the accounts affected by the check, QuickBooks can create a journal entry in the earlier period and a reversing journal entry in the current period. would you like quickBooks to void the check and enter the appropriate journal entries for you?"
I tried changing the closing date to 12/31/2010. Same result.
I tried removing the closing date alltogether. Same result.
I checked the system date on the computer - it's showing the accurate date in 2012.
I ran an audit trail to see what date QB is picking up. The Entered/Last Modified Date is the correct 2012 date.
I opened the data file on my computer and tried to void the check. Same result.
What am I missing? Why does QB think we're voiding a check in an earlier closed period?