We understand that there are times when you purchase something and later decide it is not the right fit, does not meet your expectations, or simply does not work out. When you return the item, you may also need to track the refund so your budget accurately reflects the money coming back to you.
Record a Refund Back In Your Budget
If you receive a reimbursement or refund in the same month as the original purchase, track it to the same line item where you recorded the original transaction. This will increase the available amount in the Remaining column for that line item, reflecting the money coming back.
The other option is if you receive a reimbursement or refund in a different month than the original purchase, record it as income under the Income group. This way, you can decide how to allocate that money anywhere in your budget, giving you more flexibility.
Next Steps
Money coming back to you still needs a job. Make sure that if you are getting a refund that it's being accounted for in EveryDollar to track.