The key distinction is that (S)poiled and (V)oided represent two different processes. The purpose of the different status was to assist in reconciliation by making it possible to identify why a check was no longer valid and how it was processed.
 
  • (S)poiled: Used when a check is reprinted through Tool #760 Reprint Corporate Checks (Same Day). The status is changed automatically by the reprint process. It may indicate that the original check never printed, contained an incorrect Pay To name, or was destroyed during printing (such as becoming stuck in the printer). This status should be system-generated through the reprint tool and should not be manually assigned. 
    • Tool #324 CU Check/Bank Reconciliation can be used to spoil a check that has not yet been printed. Tool #760 Reprint Corporate Checks (Same Day) can be used to reprint and spoil checks if it’s same day. We do not support spoiling checks that do not meet either of these requirements. If the check is older than a day, we recommend it be voided. Clients may use Tool #889 Update CU Check History to change a check status to void instead of spoiled.
  • (V)oided: Used when a check was created in error, such as having the wrong amount, being drawn from the wrong account, or otherwise needing to be reversed. This is accomplished through teller reversal Tool #31 Reverse/Tran Adjust Drawer (Same Day), manual void through Tool #889 Update CU Check History, and in some cases Tool #324 CU Check/Bank Reconciliation. This status identifies a transaction reversal or intentional cancellation.

Restrictions in how these tags can be added to existing checks are in place as a fraud mitigation technique against inappropriate actions on outstanding checks.