How to record refund check I received from our Telephone Company

QuickBooks Help QuestionsHow to record refund check I received from our Telephone Company
Oliver W. asked 3 years ago

How to record refund check I received from our Telephone Company.

admin Staff replied 3 years ago

Deposit the check to your bank account. For the account, you want to use the expense account to pay the telephone bill. For example, let’s say you used Telephone Expense account. You use the same account to record the refund check credit. If the refund is not related to originally paid expense (or unclear), post it to Refund Income Account.

You can use the following two ways to record refund check in QuickBooks.

Use Bank Deposit form:
Create “+” sign > Other > Bank Deposit

TO RECORD REFUND CHECK USING DEPOSIT FORM

Bank Deposit Refund Check

Use Bank Register:
Left Dashboard > Accounting > View Register under Action column

TO RECORD REFUND CHECK USING BANK REGISTER
Bank Register - Refund Check Deposit



BUY QuickBooks Online – Anytime, Anywhere. Easily Track Sales, Bills and Expenses.

Beach Vacation Rentals under $100 a night

Save on Smartphones from Verizon Wireless!

Over 4000+ STD Test Centers Nationwide. Order Testing Today!

Your Answer

3 + 12 =