Hello,
Im an accounting novice using Quickbooks Self Employed for my ebay business.
I receive regular payouts from Ebay which already have the fees and any other charges taken out so I am receiving the net income in to my bank account.
If I have to refund a buyer via ebay, how do I account for this in QB self employed? As it is often the case that the funds get taken from my ebay balance before it is paid out to me periodically.
Do I add a separateexpense transaction in QBSE?
I tried asking the help chat bot and it said I should add it as a minus figure income transaction but this isnt possible as it turns it into a credit amount. Do I just put the amount I had to refund as a minus transaction and categorise it as 'other business expense'?
