Example
The university received a check to refund a conference registration fee. In the Accounting Line tab, enter the account and expense object from which the funds were originally paid and enter the amount as a negative number. Because an expense object is being used with a negative amount, the system credits the expense object code, returning the funds to the account they originally came from. The pending entries include the credit to expense and offset generation to the cash.
Confirming and Approving Cash
Receipts