/
Refund customer's deposit in cash

Refund customer's deposit in cash

Owned by l (Unlicensed)
  • Create a credit memo:
  • Customer > Credit memo > Create
  • Select a branch, customer name and any other details. Click 'Set Details'.

  • What is done before refund deposit:
    Debit Credit
    Accounts receivables RM 100 
    Contra account RM 100
  • What should be done to refund deposit:

    Debit Credit
    Contra account RM 100

    Accounts receivables RM 100
  • Enter the journal entries as below and click 'Add Item.'

  • To check if it is correctly recorded, go to credit memo listing.
  • If a payment voucher of RM 100 is issued to record the refund, go to Create Payment Voucher.
  • Cashbook > Query Cashbook Transactions
  • The cashbook must be deducted by RM 100 where the transaction will be shown as follows:
  • Select the appropriate PC Center, cashbook and date range.

refund.JPG (35.4 kB) Delete Ratna Rozana, 2012-12-27 03:24 AM

pv cashbook3.JPG (44.8 kB) Delete Ratna Rozana, 2012-12-27 03:24 AM

gl code2.JPG (30.3 kB) Delete Ratna Rozana, 2012-12-27 03:24 AM

Also available in: PDF HTML TXT

Related content

Private & Confidential