How should I record refunds?
Published October 1, 2026 · 1 minute read
The answer
Link the refund to the reservation, reason, approval, amount, date, payment process, and corresponding accounting entries. Reconcile it with platform or processor reports and bank movement. A refund may occur in a different period from the original payment.
Avoid deleting the original record and losing the transaction history. Seek guidance where the accounting or tax implications are unclear.
Further reading
These resources provide additional context. Check the official rules and documents that apply to your own situation.
This answer is general education. Apply it to the property's actual location, agreements, and circumstances. Where a decision requires professional advice, use a qualified adviser.
Explore all taxes & bookkeeping questions →