You can record a refund or a rebate on an item just like you recorded the item itself — by entering a new receipt. However, instead of entering a positive amount for the receipt (like normal), use a negativeamount. So, if you return a sweater and the store gives you $30 back, then you’d record -$30.00 in the amount field. (Make sure the new receipt is in the same category as the original receipt.) The same would be true on a $20 rebate received for a new cell phone, for example. You would enter a receipt for -$20 and put it in the same category as the original cell phone purchase.
How do I record refunds/rebates/store credit?
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