How do I record a refund for paypal in Quickbooks?
testkits
Contributor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Posted on
Jun-24-2010
07:20 PM
I am currently using Quickbooks Pro 2010 and I have already transfered money to my bank account for an order that was placed. The customer wants to cancel it and I have to give a refund but I don't know how to record it in paypal or what steps I need to do? Any help?
1 REPLY 1
surplusdealdude
Advisor
Options
- Mark as New
- Bookmark
- Subscribe
- Mute
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Jun-25-2010
12:44 AM
Use the refund link in the details page for the transaction.
Paypal should record it as a debit to sales and a credit to cash, if I remember my acounting properly.

Haven't Found your Answer?
It happens. Hit the "Login to Ask the community" button to create a question for the PayPal community.
Related Content
- Refunding and balance issues in Reporting and tracking (Archive)
- entering paypal dontations into quickbooks in Reporting and tracking (Archive)
- order entered twice in Reporting and tracking (Archive)
- Ship labels won't print! in Shipping (Archive)
- Shipping label refund time frame in Shipping (Archive)