Under what account do I categorize a refund on quickbooks?
Could anyone please help me?? My boss recently received a refund from FPL because he canceled and account he had there, but when I tried to register that refund in QB, I didn't know what to put in the "Account" box, so I used "Utilities", but my boss says it's wrong because "Utilities" is an expense account, and a refund is not an expense.
What should I put there??