Am 26.12.22 um 19:22 schrieb R Losey:
I suspect that the "correct" way is whatever works for you and meets your
needs.

Better you consult a CPA if you want to use it for your tax dclaration or other publications. As an example in DE such informal corrections are not allowed. instead you have to add a "Storno" transaction and then the correct transaction.

On Sun, Dec 25, 2022 at 7:05 AM Dr. David Kirkby <
drkir...@kirkbymicrowave.co.uk> wrote:

I made a transaction with PayPal for £0.60 on 28/03/2022, then cancelled it
the same day. Is simply adding a reversing transaction on the menu okay for
a refund?

I previously put the wrong date (today) on a transaction that took place in
March, so I reversed that using the  "Transaction -> Add Reversing
Transaction" on menu. I noticed it showed up as "Refund" in the vendor
report - see attached. So I'm wondering if I can just reverse this
transaction for £0.60. Or is the correct way to do this more complicated?

Dr David Kirkby Ph.D

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