Hi there, shenerchelebi.
Welcome to QuickBooks Community, shenerchelebi. I'll ensure to share steps so you're able to record a CIS refund from HMRC.
I suggest recording the refund as a bank deposit and allocate this one to a specific account. To ensure your records are in shipshape, I suggest consulting an accountant before performing the process. They can provide suggestions on how to properly handle the account, especially with the category to use.
Here's how to make a deposit:
- Select + New button.
- Choose Bank Deposit.
- From the Account dropdown, choose the account you want to put the money into.
- Choose a particular name from Received from and select an account/category in the Account drop-down list.
- Enter the refund amount in the Amount box. Then, fill in the other necessary field.
- Hit Save and close.
For additional information, you can refer to this article: Record and make bank deposits in QuickBooks Online.
You can also click this article to view different details on how bank deposits work in the QuickBooks system: What are Bank Deposits in QuickBooks?.
Let me know if you have follow-up questions by clicking the Reply button below. I'm always here to help. Have a great day ahead!
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