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

[Frank H. Ellenberger]

Am 26.12.22 um 19:22 schrieb R Losey:
> I suspect that the "correct" way is whatever works for you and meets your
> needs.

Better you consult a CPA if you want to use it for your tax dclaration 
or other publications. As an example in DE such informal corrections are 
not allowed. instead you have to add a "Storno" transaction and then the 
correct transaction.

> On Sun, Dec 25, 2022 at 7:05 AM Dr. David Kirkby <
> drkirkby at kirkbymicrowave.co.uk> wrote:
> 
>> 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