Hi Kris

Payables 8.1C is the most current version, you should download and install the latest service pack dated 110729, which is free to you.

You do not want to Void a check, as it doesn't update the vendor statistics or activity, making it appear that the check was cashed. I realize it is a bit more work to Reverse a check and then credit the original invoice(s), but it is the proper way for audit trail purposes. My advice is free, which means you are free to ignore it, but I feel obliged to tell you what's "right" since you asked.

The most current version of Payables offers the option of reversing the invoice together with the check, if the invoice was entered as a cash invoice in a check batch. Although that may seem like an esoteric occurance, my experience has been that the checks most likely to be reversed are those oddball ones that are entered as cash invoices in a check batch.