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  • Minute Menu Refunds

    Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

    How can I record this in Minute Menu?

  • #2
    Originally posted by NillaWafers View Post
    Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

    How can I record this in Minute Menu?
    I asked the same question several months ago and got no reply... I wound up just deleting the previous invoice and making note that a refund was issued. I'm not sure if that is the correct way to handle it or not.

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    • #3
      Yikes. That's definitely something they should add! I guess I'll have to do that.

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      • #4
        When I had to do this awhile back, I just put it under "other schedule C" expenses and listed what it was.

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        • #5
          refund

          Originally posted by NillaWafers View Post
          Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

          How can I record this in Minute Menu?
          Continue to show the deposit as income and show the refund as a business expense. Put it under "Other" and call it a parent refund.
          http://www.tomcopelandblog.com

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