Minute Menu Refunds

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  • NillaWafers
    Daycare.com Member
    • Oct 2014
    • 593

    Minute Menu Refunds

    Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

    How can I record this in Minute Menu?
  • butterfly
    Daycare.com Member
    • Nov 2012
    • 1627

    #2
    Originally posted by NillaWafers
    Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

    How can I record this in Minute Menu?
    I asked the same question several months ago and got no reply... I wound up just deleting the previous invoice and making note that a refund was issued. I'm not sure if that is the correct way to handle it or not.

    Comment

    • NillaWafers
      Daycare.com Member
      • Oct 2014
      • 593

      #3
      Yikes. That's definitely something they should add! I guess I'll have to do that.

      Comment

      • snbauser
        Daycare.com Member
        • Jan 2011
        • 1385

        #4
        When I had to do this awhile back, I just put it under "other schedule C" expenses and listed what it was.

        Comment

        • TomCopeland
          Business Author/Trainer
          • Jun 2010
          • 3062

          #5
          refund

          Originally posted by NillaWafers
          Is there a way to show I refunded money? The two cousins I had I terminated within the first week, according to my own policies I will refund the deposit, which I did.

          How can I record this in Minute Menu?
          Continue to show the deposit as income and show the refund as a business expense. Put it under "Other" and call it a parent refund.
          http://www.tomcopelandblog.com

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