[GNC] Is "Transaction -> Add Reversing Transaction" on menu okay for a refund?

[Dr. David Kirkby]

I made a transaction with PayPal for £0.60 on 28/03/2022, then cancelled it
the same day. Is simply adding a reversing transaction on the menu okay for
a refund?

I previously put the wrong date (today) on a transaction that took place in
March, so I reversed that using the  "Transaction -> Add Reversing
Transaction" on menu. I noticed it showed up as "Refund" in the vendor
report - see attached. So I'm wondering if I can just reverse this
transaction for £0.60. Or is the correct way to do this more complicated?

Dr David Kirkby Ph.D
Email: drkirkby at kirkbymicrowave.co.uk Web:
https://www.kirkbymicrowave.co.uk/
Kirkby Microwave Ltd (Tel 01621-680100 / +44 1621-680100)
Stokes Hall Lodge, Burnham Rd, Chelmsford, Essex, CM3 6DT.
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