How to record a refund in Quickbooks?

[alexpoter0356Participant]

If a client wants a return for an item or service, utilize refund receipts. Continue reading to discover how to record a refund in Quickbooks.
1. Click on the New, Refund receipt, or Give refund menu buttons. Input the bank account for the invoice payment.
2. Add all returned goods or services to the PRODUCT/SERVICE column.
Then choose Save and close.

[JimmywickParticipant]

How do I record a refund

– Select + New and click Bank Deposit.
– In the Account drop-down menu, select the account where you got the refund.
– Under the RECEIVED FROM column, choose the vendor who gave you a refund.
– In the ACCOUNT column, select Accounts Payable.

Hope this helps,
Jimmy Wick

[Author]

Posts