How do you handle refunds and cancellations in your bookkeeping?
Accounting Procedures Accounting Procedures, Handling refunds and cancellations in bookkeeping requires careful attention to ensure accurate financial records and compliance with accounting principles. The process generally involves several steps: 1. Documentation: Start by documenting the refund or cancellation request. This could be through a formal email, a customer service ticket, or any other communication method.… Read More »