1. Navigate to Accounting > Banking.
  2. Click the name of the bank account you'd like to return money to.
  3. Click Record deposit.
  4. In the pop-up window, click the link to Add other deposit items.
  5. Add the details of the refund. Choose the same account type that was used in the original payment. For example, if you receive a refund from the electric company, you'll probably use Utility Expense as the account.
  6. Complete the deposit as usual. see "Bank deposits"

On your income statement, this transaction will show as a negative expense.

vendor_refund.png

 

Article #: 111177

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