Refund customer's deposit in cash
- 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
Accounts receivables RM 100
Contra account 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.
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