On 3/24/21 7:48 AM, Mike via gnucash-user wrote:
So you suggest I go to the original entry and reduce the amount spent
by the amount refunded?
Mike
Nope. New entry with a new date but affecting the same expense account
but in the opposite direction.
--Steve
On 3/24/21 9:27 AM, Michael or Penny Novack wrote:
On 3/24/2021 9:47 AM, Mike via gnucash-user wrote:
How should merchant refunds be coded? Are they income?
Mike White
_______________________________________________
I would think better to consider a reduction of the expense. If you
treated as income, equivalent to an overstatement of both income and
expense.
Michael D Novack
--
Stephen M Butler, PMP, PSM
stephen.m.butle...@gmail.com
kg...@arrl.net
253-350-0166
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