How do you record a refund for a credit card account?

This article shows how to record a refund on your credit card.

1. Click on Dashboard and select Accounting. image-png-Jan-18-2022-08-52-04-54-PM

 

2.  Select your credit card in the Account Register. Then  click on the Add New button and select Add New Refund. Charge 1

 

3.  Fill in the details for the transaction, making sure to select the same expense account as the original purchase.  When you have finished click on the Save & Close button. Charge 8
4.  The refund was credited to both the credit card and expense accounts.  Charge 9