How to Enter a Check Refund from a Vendor in QuickBooks
What is the best way to enter in a check refund from a vendor?
Enter it right on a deposit, using the expense account you used on the bill/check you wrote. Instead of increasing revenue, this will decrease your expense.
This article is provided for informational purposes and is not intended to be construed as legal, accounting, or other professional advice. For further information, please consult appropriate professional advice from your attorney and certified public accountant.