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. |
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2. Select your credit card in the Account Register. Then click on the Add New button and select Add New Refund. |
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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. | |
4. The refund was credited to both the credit card and expense accounts. |