There are two possible ways to enter a refund into EZLease:
- If the refund is related to a contractual provision, or a Covid-19 restructuring, you can enter a variable lease payment for a negative amount. You'll get a journal entry with a debit to cash, credit to variable lease payments (a normal VLP would be the other way around).
- Revise the lease. Change the rent for the period when the refund was received to zero; if the refund was larger than that, extend the rent holiday backwards for multiple months. This will result in a reversal of rent payments.