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the_tile_setters
Level 4

returned item

I'm using QB premier contractor version 2019

 

I bought magnetic signs from Staples for my company truck, the kind where you make the actual sign.

Most of the items werer missing out of the box so I returned it and they deposited the money back into my business acct, Then I purchesed another box that was intact. How do i enter this ? 

Solved
Best answer January 31, 2022

Best Answers
Rustler
Level 15

returned item

Show a deposit, or a CC credit if you used a CC, in the amount and use Other Income as the source account for the deposit

 

On the P&L the original payment will be canceled by the other income entry

View solution in original post

1 Comment 1
Rustler
Level 15

returned item

Show a deposit, or a CC credit if you used a CC, in the amount and use Other Income as the source account for the deposit

 

On the P&L the original payment will be canceled by the other income entry

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