MJ7
12 days agoExperienced Cover User
Customer paid me accidentally
Hi I have a customer who accidentally paid me $2000 instead of paying the money to another company. I transferred the money back into their account via EFT two days later. I now have two un...
- 11 days ago
Alternatively you could record the deposit as 'receive money' and code it to suspense and record the refund as 'spend money' and code that to suspense. The net effect on the suspense account is then zero and it has not affected the customer's transactions.