User Support Forum

How do I record an overpayment for a one-time rental of the sanctuary? I need to issue a check for the overpayment amount.
Thanks, Marie

There are a couple of ways. Assuming you took $510 instead of $500 in the overpayment like this:
DB 01-1110-000 checking $510.00
CR 01-4230-000 rent $510.00

I would simply take it out of the same income account, like this:
CR 01-1110-000 checking $10.00
DB 01-4230-000 rent $10.00

Or, you could make an expense out of it, like this:
CR 01-1110-000 checking $10.00
DB 01-5830-000 rent over payment expense $10.00

Thank you!