How to pass an entry to refund the advance amount of a flat?

In Mygate, society admins can pass a journal voucher to refund the advance amount paid by a resident for a particular flat. This is typically done when a resident moves out or if there's an overpayment that needs to be returned. Recording the refund ensures that the society’s financial records remain accurate and transparent, reflecting the correct balance for each flat.

If the society admin has to refund the advance amount of a flat to the resident, they can pass the following entry to record this in the system:

1. Go to accounts and click on Vouchers. 

2. Select the Journal voucher, then click on "Create vouchers"

3. Select the relevant debit and credit account along with the amount and click on save.