A customer had registered for a workshop I was organising. Due to insufficient registrations, I had to cancel the workshop and refund the registration fee. How should I record this?
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
Our platform has all the tools you need to do your accounting yourself.
A customer had registered for a workshop I was organising. Due to insufficient registrations, I had to cancel the workshop and refund the registration fee. How should I record this?
Can't you delete the initial sales invoice? Or is that cheating :p
Or add credit note?
Your first suggestion is not an option because you have to be able to account for every income on your professional account. I also considered a credit note, but then you first need to have an initial invoice, which I don't have because it's a payment from a private person...So you entered it via the daily receipts, just delete it there? There is a bin next to each entry, so you just need to indicate why you are deleting it and you're done.
You really should try it out for yourself. Even if you don’t have a company number yet, you can already go ahead.