Refund

[alan_mcbrien]

Only credit note without invoice

I have in Banking an account “Credit Notes/Refunds” in the Equity Accounts section. This allows for posting of credit notes to this account prior to receiving the refunded funds on a credit card or through the current account or other. There are usually a few days between the date shown on a credit note to when the monies turn up in a bank account. It also allows the facility to chase up a supplier if the refund has not been received, for example this happened when changing over from one Electr…

Another posting from today about managing Credit Notes/Refunds