[GNC] How to code merchant refunds

Michael or Penny Novack stepbystepfarm at comcast.net
Wed Mar 24 10:27:00 EDT 2021


On 3/24/2021 9:47 AM, Mike via gnucash-user wrote:
> How should merchant refunds be coded? Are they income?
>
> Mike White
> _______________________________________________ 


I would think better to consider a reduction of the expense. If you 
treated as income, equivalent to an overstatement of both income and 
expense.


Michael D Novack



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