Can a Split Transaction Show a Refund?

Ask Anything
1

Let say I spend $150 at a store but get refunded $100 the next day. Is Tiller able to split the transaction to show the original purchase and the refund? Right now, I add a manual entry showing the refund amount.

Thanks

2

My refunds show a positive and I select the same category. 150 Out 100 refund the expense is now 50. . II am sure there are others who can chime in, I try to keep it simple.

1 Like
3

I figured out that my problem is that the refund was cash, not a CC refund.

Thanks for your reply.

2 Likes
4

Personally, Iā€™d consider just creating a new transaction for the refund. Itā€™s easier to understand what is going on and creates a strong paper trail.

5

I have a similar problem. When I purchase something I categorize it as an expense. For example, furniture purchase. If I change my mind and return the furniture and my credit card gets credited then Tiller shows this refund as income rather than offsetting the original expense. Is there anything that I can do to show the refund as an offset to the original expense. The refund is correctly categorized as furniture purchase as well but it is showing as ā€œMiscellaneous Incomeā€. Does anyone have any experience with this or thoughts?

6

You can change the categorization of the refund from ā€œMiscellaneous Incomeā€ to the same category you assigned to the original purchase. Then it should net out to zero.