How to input a reciept for a returned part

jonnymechanicjonnymechanic Member Posts: 2

Hi there. I have receipt for parts purchased that have been returned. How do I input them to the system? It says total must be larger than taxes when inputed in the the form.

Comments

  • ChelseaKChelseaK Administrator Posts: 232 admin

    @jonnymechanic You wouldn't be able to upload a return receipt to the Receipts section in Wave as the Receipts section only accounts for purchases.

    If you want to keep track of your expenses and then the refund, you can 1) upload your original purchase receipt through Purchases > Receipts and 2) create an income transaction on your Transactions page and then categorize it as a Refund for Expense. :)

  • jonnymechanicjonnymechanic Member Posts: 2
    > @ckeen_1244 said:
    > @jonnymechanic You wouldn't be able to upload a return receipt to the Receipts section in Wave as the Receipts section only accounts for purchases.
    >
    > If you want to keep track of your expenses and then the refund, you can 1) upload your original purchase receipt through Purchases > Receipts and 2) create an income transaction on your Transactions page and then categorize it as a Refund for Expense. :)


    That seems very complicated. Is there really no way to credit a invoice that has been inputed?
  • ChelseaKChelseaK Administrator Posts: 232 admin

    @jonnymechanic When your receive a bank imported income transaction (or manually create one) for a refund, you can categorize that transaction as a 'Refund for an Invoice in Wave'. Accounting for refunds is really just a matter of categorizing income transactions as refunds in your Transactions page B)

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