Our company has recently returned a product to Amazon and receive a refund.
How do I offset an expense in expensify?
Hi @MCG, welcome to the community!
You can create a negative expense on an expense report‚ whether to indicate a return, refund, or simply offset other amounts on the report.
To create an expense that shows a negative amount, you can either enter a negative sign "-" or add parentheses around the amount.
For example, if you purchased an item for $5.00 and then returned it, the purchase would show as $5.00 but the returned amount would be recorded as ($5.00) or -$5.00.
Hope that makes sense, let me know if you have any more questions 😄