Forum Message

Cashback

One of the items we purchased for our business came with a cashback offer. We raised a purchase invoice for the purchase of the item and paid th einvoice, but we have now had a cheque for cashback arrive 6 months after the initial purchase.

What would be the best way of showing this cashback in Solar ?


Posted by Mark on Jun 8, 2012 12:28 PM BST

Hi Mark,

I think the best way to record that is as a Money Received transaction with the From Account set to the expense account you used on the original purchase invoice. However, please check this with your accountant as he/she may prefer a different approach.

Regards,


Posted by Mark McLaren (Solar Accounts) on Jun 8, 2012 2:27 PM BST