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Post Info TOPIC: Refunds to Debit Cards
GlosDD


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Refunds to Debit Cards
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I've got a bit of a mental block about how to record a transaction on sage. My director bought an item on the company credit card, then returned it for a refund on the debit card. I'm currently doing the bank rec, so need to show a payment in to reconcile it? Maybe it's the time of day, but I can't get my head round what to post and where!!

Thanks!



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kjmcculloch83


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I would do a journal either to purchases or purchases returns. So CR Purchases/Purchases returns and DR Bank.

Kris

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