Correct income, refunds and duplicate records - Taxes: records, deductions and preparation - Conduit Help
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Taxes: records, deductions and preparation

Correct income, refunds and duplicate records

Use the same business-record editor to correct classification and amount, record additional income or a customer refund, and remove a fictional duplicate after confirmation. Income and refunds affect revenue differently from deductible expenses. Do not enter transactions already counted through another source.

  1. Open the sample business record for correction.
  2. Change it to $500 of additional business income.
  3. Open another business record.
  4. Record a fictional $50 customer refund.
  5. Open deletion for the practice refund.
  6. Confirm removal of that fictional duplicate.