In case of needing information about how to enable refunds, you can find it here:
http://help.rentlysoft.com/en/articles/5328253-how-to-enable-the-refund
1. Select Add Payment/ Multiple Payments
2. Select the transaction type "Refunded"
3. Select "Charge"
4. Once the Refund is done, you are able to see the details at the "Price" updating and leaving the correct balance.