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How to Refund or Issue Credits for Revenue Recognition
Revenue recognition in QuickBooks Online Advanced, helps you collect payments from customers and then recognize revenue over time.
If you ever need to issue a refund or a credit memo for revenue recognition services, you have to perform some extra steps you wouldn’t normally take for those kinds of transactions.
Let’s go over how to edit revenue recognition on an invoice and then issue a credit memo or refund for the service.
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