credit card refund

[steveely]

I used my church credit card to make a purchase. However, I had to take some of the materials back. The store refunded the money to the church card. How would I add this amount back in Power Church. I know I can void the original check and put it back in at the decreased amount, but that makes it a little more difficult for the person keeping the books to track. Any suggestions?

[emellesee]

I'm assuming you used a manual cheque to post the original credit card transaction. If so, just enter another manual cheque, label it XXXX-RET (XXXX being whatever naming system you used for the original manual cheque) so you can see that it's the return transaction and post the dollar amounts backwards so that the church bank account gets the money and the expense account receives a credit.

ML