Returns
I have to return something for my expenses account after 2 months of purchased, the return is in cash that goes to my register. Can the expenses account be used?
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b55sqUUNWr3QjyacfA8pyY
10/16/09 10:52am PDT
Viewed by asker 10/22/09 4:28pm PDT
Viewed by asker 10/22/09 4:28pm PDT
1 Reply
10/30/09 10:08am PDT
Latest post
Yes the expense account should be used. Create a deposit for the money received from the refund. Assign the expense acct number to the deposit. This will reduce the expense account charges by the amount of the refund. Be sure to use the memo field to explain and document the vendor, reason, etc.
