- How To Do A Refund On Quickbooks For Mac Catalina
- How To Do A Refund On Quickbooks For Mac 2019
- How To Do A Refund On Quickbooks For Mac Free
How to Issue a Refund for Overpayments In Quickbooks
How To Do A Refund On Quickbooks For Mac Catalina
Has a customer overpaid for a recent product or service purchased from your company? Most business owners will rarely encounter this scenario. If you require payment at the time of sale, for instance, you can double-check the amount to ensure it’s correct. However, some businesses will still experience overpayments, especially if they accept payment after the delivery of goods and services. When this occurs, it’s important for business owners to issue a refund to the respective customer for the difference.
To issue a refund for an overpayment, you should first determine the amount of the overpayment. This is done by subtracting the actual product or service price from the customer’s payment. If the customer paid $600 for a product that costs $500, for instance, the overpayment amount is $100. Whether the overpayment is $100, $1,000 or just 10 cents, you should still issue a refund. Doing so is important for several reasons. First, it shows customers that overpayments don’t go unnoticed. Secondly, it helps to keep your books in order, making tax time a little easier come next April.
The common FAT32 formatting on hard disks and USB-Sticks can take only files with a maximum size of 4 gigabytes. You can read with 'Mac OS Extended Journaled' formatted disk under Windows (but not describe). You can use Apple's own backup software 'Time Machine'. This only works with disks that have been formatted with Mac OS Extented Journaled. Mac os journaled hard drive windows 8.1. Mac OS Extended Choose one of the following Mac OS Extended file system formats for compatibility with Mac computers using macOS 10.12 or earlier. Mac OS Extended (Journaled): Uses the Mac format (Journaled HFS Plus) to protect the integrity of the hierarchical file system. A drive formatted in this fashion can be swapped between a Mac and Windows PC. However, you might choose instead a format you can use easily with OS X, Windows, and Linux. Topher Kessler wrote in. You’ll Be Using A Piece Of Software Called Disk Utility. Software that is part of your Mac’s operating.
Assuming you use Quickbooks, you can issue a refund to the customer for an overpayment from the customer payment window. After logging in to your account, access the “Open Invoices” report and find the credit with a Payment type transaction. Next, open the Payment transaction, at which point you should see the Customer Payment window appear on your screen. At the bottom of the Customer Payment window, you should an option for “Refund the amount to the customer.” Click this option to proceed.
How To Do A Refund On Quickbooks For Mac 2019
After selecting “Refund the amount to the customer,” you’ll have the option to refund the overpayment the customer. This should appear in a n “Issue a Refund” window. Double check the information to ensure the overpayment/refund amount is correct, at which point you can issue the refund. Congratulations, you’ve just issued a refund for an overpayment!
How To Do A Refund On Quickbooks For Mac Free
While the above steps will allow you to issue a refund for an overpayment, you may still want to use a Journal Entry to write off overpayments. Journal Entries are notes that can help you remember activity within your account. There’s certainly no requirement forcing you to create a Journal Entry for an overpayment and subsequent and refund, but doing so can help keep your books in order.
Did this tutorial work for you? Let us know in the comments section below!