refund customer's money through magento site [credit memo ]

Question

after customer's order is cancelled. site owner have to refund the money to customer.

is there any method in magento admin panel or through any extension , site owner

can refund the money to customer through online in magento site.

please help me to find solution.

thanks in advance.

Answer 1

1. From the invoice you want to Refund, click the Credit Memo button.
2. Specify the Qty to Refund and then click the Update Qty's button.
3. Create credit memo
4. You should then see the refund button.