Point of Sale & Business OperationsAccountingVoiding a Journal EntryCancel a posted journal entry, with a required reason.Fields Reason (required) Voiding cancels the entry outright — different from Reversing, which creates a new, offsetting entry rather than cancelling the original. See the FAQ for when to use which.Posting a Journal EntryFinalize a draft journal, making it part of your permanent accounting record.Reversing a Journal EntryCreate a new, offsetting entry that cancels out a posted journal — without deleting the original.