As part of the Daily Summary that MyWorks syncs to QuickBooks; any refunds issued in Shopify orders will be accurately included in a section of the QuickBooks journal entry.
An example of this is below, showing how the different details of the refund are also separated to their correct QuickBooks Accounts - which can all be set in MyWorks Sync > Settings.
- The refunded payments to a QuickBooks Bank Account
- The refunded product sales to an Income Account
- Any refunded shipping to an Income Account
- Any refunded tax to a Sales Tax Payable Account
- Any refunded discounts to an Income Account
- The COGS related to any refunded products - to the appropriate COGS and Inventory Asset Accounts
