We wrote a check to our client to return their share of cost savings on the completed project. How do we decrease the income on the job to reflect this? I charged the check to a misc GL account until I could figure how to this this correctly.
Hi jlpwinter,
If you use Accounts Receivable, you can adjust the invoice and refund the overpayment. Here is a knowledgebase article with the steps:
How do I refund to a customer when all invoices are paid and/or I have only negative invoices?
Hi jlpwinter,
If you use Accounts Receivable, you can adjust the invoice and refund the overpayment. Here is a knowledgebase article with the steps:
How do I refund to a customer when all invoices are paid and/or I have only negative invoices?
Thank you!
Janice
*Community Hub is the new name for Sage City