Categorising a refund

Hi Calvds, thanks for dropping by on the Community

In QBO Simple Start, you can record the refund of subscription fees by creating a bank deposit:

1. Select the Gear icon, and select Bank deposit.

2. Enter the Account that the money was received to, and the Date.

3. Scroll to Add funds to this deposit.

4. On the first line, enter the Account used on the initial expense/purchase for the subscription fees, then enter the Amount and the applicable VAT code.

5. Save and close, then return to your bank feed to Match.

Hi Calvin, my apologies - if you select + New transaction, you should see this listed under Other. 🙂