Version, news boss with it (4)

I believe the answer is:

edit

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'version news boss with it' is the definition.
I can't tell whether this defines the answer.

'boss with it' is the wordplay.
'boss' becomes 'ed' (short for editor - newspaper boss).
'with' means one lot of letters go next to another.
'ed'+'it'='EDIT'

Can you help me to learn more?

(Other definitions for edit that I've seen before include "Redact, perhaps" , "What our boss does" , "Be in charge (of paper)" , "amend copy" , "Supervise - amend" .)

I've seen this clue in The Sun.

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