A customer returned product for a credit. It was paid for by credit card and refunded to the same card. How do I record this in QBO?
We sold a customer multiple items on a credit card. They later some items and we issued a credit for these to their card. How do I record this in QBO so that: 1. Items are correctly added back to inventory 2. The sales revenues are reduced by the appropriate amount. 3. The original card payment (less fees) match the bank deposit. 4. The refund is correctly shown in the bank deposit when processed.