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any reason why I wouldn’t have the void button on a Deposit Application?

That's a funky transaction with a 2 way application. I wouldn't be shocked that they don't allow voids

I think deleting might be the way to go. I read a suiteanswer article and it talks about hitting the void button but I’ve never seen that button before. 

There's a preference on void with journals that disables the void button in a lot of places

But it allows you to void in a different period so I see it almost always turned on