Re: [SL] Refund Checks

[Jeff V. <jv...@ch...>]

On Mon, 2006-11-20 at 08:11 -0800, Dave Snell wrote:
> --- Wallace Roberts Consulting <wrc...@gm...>
> wrote:
> 
> > On 11/20/06, Dave Snell <bou...@ya...>
> > wrote:
> > ...
> > > "How are you supposed to issue refund checks with
> > SQL-Ledger?"
> > 
> > Can you not write one out by hand?
> > 
> > Obviously, I'm missing something here.
> 
> Nope, I can't.  We use blank check laser stock for all
> of our checks.  Our bank will not clear any hand
> written checks.  Nor will they clear any check that
> prints with a negative dollar amount.  I guess I'm in
> the minority here - nobody else ever gives money back,
> or expects their accounting system to be able to do it
> for them.
> 
> Dave

Maybe the simplest way would be to add an account for the refunds as an
expense/income offset account.  
Process the refund as a reduction of income and an increase in the
refund expense account.

Then write the check that reduces (pays) the refund (expense) account
and it should work properly.