I need to find the word "Void" in one column of data and if it is there (and
it would be in ALL CAPS), then the return needs to be V; if it's not there,
the return needs to be I.
Plus, would it be possible for the V or the I to replace the original data?
I've tried the if function, but I'm not putting in the right criteria
obviously...

The data is imported from QuickBooks into Excel and contains the check MEMO
field. I am trying to find Voided Checks for a daily batch report to send to
our bank. This is the only way I've found to capture that data at this point,
but I need the column to have only either V or I...

Any help would be greatly appreciated!
Thanks so much,